summary
Introduced
01/19/2021
01/19/2021
In Committee
01/19/2021
01/19/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to require the disclosure of tax returns of Presidents and Vice Presidents and certain candidates for President and Vice President, and for other purposes.
AI Summary
This bill, the Presidential Tax Transparency Act, would require presidential and vice presidential candidates as well as sitting presidents and vice presidents to publicly disclose their income tax returns for the 10 most recent years. The bill provides a definition of "income tax return" and outlines the timeline for submitting the returns to the Federal Election Commission (FEC). If a candidate or office holder fails to disclose their returns, the FEC can request them directly from the Internal Revenue Service (IRS). The bill also amends the Internal Revenue Code to allow the IRS to disclose these tax returns to the FEC, which would then make them publicly available with certain identifying information redacted.
Committee Categories
Budget and Finance
Sponsors (51)
Anna Eshoo (D)*,
Nanette Barragán (D),
Joyce Beatty (D),
Earl Blumenauer (D),
Suzanne Bonamici (D),
Salud Carbajal (D),
Ed Case (D),
Judy Chu (D),
Steve Cohen (D),
Jim Cooper (D),
Jim Costa (D),
Joe Courtney (D),
Mark DeSaulnier (D),
Michael Doyle (D),
Dwight Evans (D),
Bill Foster (D),
Ruben Gallego (D),
John Garamendi (D),
Raúl Grijalva (D),
Alcee Hastings (D),
Sheila Jackson-Lee (D),
Hank Johnson (D),
Kaiali'i Kahele (D),
Ro Khanna (D),
Derek Kilmer (D),
Ann Kuster (D),
Barbara Lee (D),
Alan Lowenthal (D),
Doris Matsui (D),
Gregory Meeks (D),
Gwen Moore (D),
Seth Moulton (D),
Grace Napolitano (D),
Eleanor Holmes Norton (D),
Jimmy Panetta (D),
Bill Pascrell (D),
Mark Pocan (D),
Mike Quigley (D),
Kathleen Rice (D),
Raul Ruiz (D),
Jan Schakowsky (D),
Kurt Schrader (D),
Terri Sewell (D),
Albio Sires (D),
Tom Suozzi (D),
Eric Swalwell (D),
Mike Thompson (D),
Paul Tonko (D),
Bonnie Watson Coleman (D),
Peter Welch (D),
John Yarmuth (D),
Last Action
Referred to the Committee on Ways and Means, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 01/19/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/347/all-info |
BillText | https://www.congress.gov/117/bills/hr347/BILLS-117hr347ih.pdf |
Bill | https://www.congress.gov/117/bills/hr347/BILLS-117hr347ih.pdf.pdf |
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