Bill

Bill > HR1489


US HR1489

US HR1489
Tax Transparency Act of 2019


summary

Introduced
03/04/2019
In Committee
03/04/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to require public disclosure of individual tax returns of the President, the Vice President, and Members of Congress, and candidates for such offices. This bill requires the President, the Vice President, Members of Congress, and candidates for such offices to publicly disclose their individual tax returns for the previous seven years.

AI Summary

This bill, the Tax Transparency Act of 2019, requires the President, Vice President, Members of Congress, and candidates for such offices to publicly disclose their individual tax returns for the previous seven years. The bill amends the Internal Revenue Code to mandate this disclosure, with exceptions for certain personal information such as Social Security numbers and financial account numbers. The disclosure timeline varies slightly for candidates versus current officeholders, but generally requires the returns to be made public within 15 days of a candidate's designation or by April 30th of the relevant year for current officeholders.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Referred to the House Committee on Ways and Means. (on 03/04/2019)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...