summary
Introduced
12/21/2022
12/21/2022
In Committee
12/21/2022
12/21/2022
Crossed Over
12/22/2022
12/22/2022
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
AN ACT To amend the Internal Revenue Code of 1986 to provide for examination and disclosure with respect to Presi- dential income tax returns.
AI Summary
This bill, the Presidential Tax Filings and Audit Transparency Act of 2022, amends the Internal Revenue Code to require the Secretary of the Treasury to conduct a timely examination of any presidential income tax return and publicly disclose reports on the status and results of such examination. The bill defines "presidential income tax return" broadly to include returns of the president, their spouse, and any related corporations, partnerships, estates, or trusts. The bill also requires the disclosure of certain "audit materials" related to these examinations, with limited exceptions for sensitive personal information. The amendments made by this bill would apply to returns, amendments, and failures to file returns after the date of enactment.
Committee Categories
Budget and Finance
Sponsors (25)
Richard Neal (D)*,
Don Beyer (D),
Earl Blumenauer (D),
Brendan Boyle (D),
Judy Chu (D),
Danny Davis (D),
Suzan DelBene (D),
Lloyd Doggett (D),
Dwight Evans (D),
Jimmy Gomez (D),
Brian Higgins (D),
Steven Horsford (D),
Dan Kildee (D),
Ron Kind (D),
John Larson (D),
Gwen Moore (D),
Stephanie Murphy (D),
Jimmy Panetta (D),
Bill Pascrell (D),
Stacey Plaskett (D),
Linda Sánchez (D),
Brad Schneider (D),
Terri Sewell (D),
Tom Suozzi (D),
Mike Thompson (D),
Last Action
Received in the Senate. (on 12/22/2022)
Official Document
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