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Bill > S2011

US S2011

US S2011
A bill to prohibit the Internal Revenue Service from modifying the standard for determining whether an organization is operated exclusively for the promotion of social welfare for purposes of section 501(c)(4) of the Internal Revenue Code of 1986.

summary

Introduced
02/11/2014
In Committee
02/11/2014
Crossed Over
Passed
Dead
01/03/2015

Introduced Session

113th Congress

Bill Summary

A bill to prohibit the Internal Revenue Service from modifying the standard for determining whether an organization is operated exclusively for the promotion of social welfare for purposes of section 501(c)(4) of the Internal Revenue Code of 1986.

AI Summary

This bill, titled the "Stop Targeting of Political Beliefs by the IRS Act of 2014," aims to prevent the Internal Revenue Service (IRS) from changing the rules used to decide if an organization qualifies for tax-exempt status under section 501(c)(4) of the Internal Revenue Code, which is for organizations operated exclusively for the promotion of social welfare. Specifically, it mandates that the IRS must continue using the standards and definitions that were in place on January 1, 2010, for these determinations and prohibits the Treasury Secretary or their delegates from issuing new regulations, rulings, or guidance that would alter these standards, referencing a specific proposed regulation from November 2013. This prohibition applies to organizations seeking tax-exempt status under section 501(c)(4), regardless of when they were established, but this section of the bill will only be in effect for one year after its enactment.

Committee Categories

Budget and Finance

Sponsors (41)

Jeff Flake (R)*,  Lamar Alexander (R),  John Barrasso (R),  Roy Blunt (R),  John Boozman (R),  Richard Burr (R),  Saxby Chambliss (R),  Daniel Coats (R),  Tom Coburn (R),  Thad Cochran (R),  Bob Corker (R),  John Cornyn (R),  Mike Crapo (R),  Ted Cruz (R),  Michael Enzi (R),  Deb Fischer (R),  Lindsey Graham (R),  Chuck Grassley (R),  Orrin Hatch (R),  Dean Heller (R),  John Hoeven (R),  James Inhofe (R),  Johnny Isakson (R),  Mike Johanns (R),  Ron Johnson (R),  Mark Kirk (R),  Mike Lee (R),  John McCain (R),  Mitch McConnell (R),  Jerry Moran (R),  Rand Paul (R),  Rob Portman (R),  Jim Risch (R),  Pat Roberts (R),  Marco Rubio (R),  Tim Scott (R),  Richard Shelby (R),  John Thune (R),  Pat Toomey (R),  David Vitter (R),  Roger Wicker (R), 

Last Action

Read twice and referred to the Committee on Finance. (on 02/11/2014)
(1 Companion Bills)

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