summary
Introduced
02/03/2021
02/03/2021
In Committee
02/03/2021
02/03/2021
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 certain tax-exempt organizations to include on annual returns the names and addresses of substantial contribu- tors, and for other purposes.
AI Summary
This bill, known as the Spotlight Act, amends the Internal Revenue Code to require certain tax-exempt organizations, such as social welfare organizations and business leagues, to include the names and addresses of their substantial contributors on their annual tax returns. The bill also repeals recent regulations that eliminated this reporting requirement, and it modifies the Secretary of the Treasury's discretionary authority to grant exceptions to the filing requirement. The goal of the bill is to increase transparency around the funding sources of these organizations.
Committee Categories
Budget and Finance
Sponsors (9)
David Price (D)*,
Judy Chu (D),
Pramila Jayapal (D),
Barbara Lee (D),
Eleanor Holmes Norton (D),
John Sarbanes (D),
Mary Gay Scanlon (D),
Jan Schakowsky (D),
Mikie Sherrill (D),
Last Action
Referred to the House Committee on Ways and Means. (on 02/03/2021)
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/774/all-info |
| BillText | https://www.congress.gov/117/bills/hr774/BILLS-117hr774ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr774/BILLS-117hr774ih.pdf.pdf |
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