H. R. 4762—4
‘‘(I) quarterly reports, beginning with the first
quarter of the calendar year in which a contribution
is accepted or expenditure is made, which shall be
filed not later than the fifteenth day after the last
day of each calendar quarter, except that the report
for the quarter ending on December 31 of such calendar
year shall be filed not later than January 31 of the
following calendar year,
‘‘(II) a pre-election report, which shall be filed not
later than the twelfth day before (or posted by reg-
istered or certified mail not later than the fifteenth
day before) any election with respect to which the
organization makes a contribution or expenditure, and
which shall be complete as of the twentieth day before
the election, and
‘‘(III) a post-general election report, which shall
be filed not later than the thirtieth day after the gen-
eral election and which shall be complete as of the
twentieth day after such general election, and
‘‘(ii) in the case of any other calendar year, a report
covering the period beginning January 1 and ending June
30, which shall be filed no later than July 31 and a report
covering the period beginning July 1 and ending December
31, which shall be filed no later than January 31 of the
following calendar year, or
‘‘(B) monthly reports for the calendar year, beginning
with the first month of the calendar year in which a con-
tribution is accepted or expenditure is made, which shall
be filed not later than the twentieth day after the last
day of the month and shall be complete as if the last
day of the month, except that, in lieu of filing the reports
otherwise due in November and December of any year
in which a regularly scheduled general election is held,
a pre-general election report shall be filed in accordance
with subparagraph (A)(i)(II), a post-general election report
shall be filed in accordance with subparagraph (A)(i)(III),
and a year end report shall be filed not later than January
31 of the following calendar year.
‘‘(3) CONTENTS OF REPORT.—A report required under para-
graph (2) shall contain the following information:
‘‘(A) The amount of each expenditure made to a person
if the aggregate amount of expenditures to such person
during the calendar year equals or exceeds $500 and the
name and address of the person (in the case of an indi-
vidual, including the occupation and name of employer
of such individual).
‘‘(B) The name and address (in the case of an indi-
vidual, including the occupation and name of employer
of such individual) of all contributors which contributed
an aggregate amount of $200 or more to the organization
during the calendar year and the amount of the contribu-
tion.
Any expenditure or contribution disclosed in a previous
reporting period is not required to be included in the current
reporting period.
‘‘(4) CONTRACTS TO SPEND OR CONTRIBUTE.—For purposes
of this subsection, a person shall be treated as having made
H. R. 4762—5
an expenditure or contribution if the person has contracted
or is otherwise obligated to make the expenditure or contribu-
tion.
‘‘(5) COORDINATION WITH OTHER REQUIREMENTS.—This sub-
section shall not apply—
‘‘(A) to any person required (without regard to this
subsection) to report under the Federal Election Campaign
Act of 1971 (2 U.S.C. 431 et seq.) as a political committee,
‘‘(B) to any State or local committee of a political party
or political committee of a State or local candidate,
‘‘(C) to any organization which reasonably anticipates
that it will not have gross receipts of $25,000 or more
for any taxable year,
‘‘(D) to any organization to which this section applies
solely by reason of subsection (f )(1), or
‘‘(E) with respect to any expenditure which is an inde-
pendent expenditure (as defined in section 301 of such
Act).
‘‘(6) ELECTION.—For purposes of this subsection, the term
‘election’ means—
‘‘(A) a general, special, primary, or runoff election for
a Federal office,
‘‘(B) a convention or caucus of a political party which
has authority to nominate a candidate for Federal office,
‘‘(C) a primary election held for the selection of dele-
gates to a national nominating convention of a political
party, or
‘‘(D) a primary election held for the expression of a
preference for the nomination of individuals for election
to the office of President.’’.
(b) PUBLIC DISCLOSURE OF REPORTS.—
(1) IN GENERAL.—Section 6104(d) of the Internal Revenue
Code of 1986 (relating to public inspection of certain annual
returns and applications for exemption), as amended by section
1(b)(4), is amended—
(A) by inserting ‘‘REPORTS,’’ after ‘‘RETURNS,’’ in the
heading;
(B) in paragraph (1)(A), by striking ‘‘and’’ at the end
of clause (i), by inserting ‘‘and’’ at the end of clause (ii),
and by inserting after clause (ii) the following new clause:
‘‘(iii) the reports filed under section 527( j) (relating
to required disclosure of expenditures and contribu-
tions) by such organization,’’; and
(C) in paragraph (1)(B), by inserting ‘‘, reports,’’ after
‘‘return’’.
(2) DISCLOSURE
OF
CONTRIBUTORS
ALLOWED.—Section
6104(d)(3)(A) of such Code (relating to nondisclosure of contribu-
tors, etc.) is amended by inserting ‘‘or a political organization
exempt from taxation under section 527’’ after ‘‘509(a))’’.
(3) DISCLOSURE BY INTERNAL REVENUE SERVICE.—Section
6104(d) of such Code is amended by adding at the end the
following new paragraph:
‘‘(6) DISCLOSURE
OF
REPORTS
BY
INTERNAL
REVENUE
SERVICE.—Any report filed by an organization under section
527( j) (relating to required disclosure of expenditures and con-
tributions) shall be made available to the public at such times
and in such places as the Secretary may prescribe.’’.
H. R. 4762—6
(c) FAILURE TO MAKE PUBLIC.—Section 6652(c)(1)(C) of the
Internal Revenue Code of 1986 (relating to public inspection of
annual returns) is amended—
(1) by inserting ‘‘or report required under section 527( j)’’
after ‘‘filing)’’;
(2) by inserting ‘‘or report’’ after ‘‘1 return’’; and
(3) by inserting ‘‘AND
REPORTS’’ after ‘‘RETURNS’’ in the
heading.
(d) EFFECTIVE DATE.—The amendment made by subsection (a)
shall apply to expenditures made and contributions received after
the date of the enactment of this Act, except that such amendment
shall not apply to expenditures made, or contributions received,
after such date pursuant to a contract entered into on or before
such date.
SEC. 
3. 
RETURN 
REQUIREMENTS 
RELATING 
TO 
SECTION 
527
ORGANIZATIONS.
(a) RETURN REQUIREMENTS.—
(1) ORGANIZATIONS REQUIRED TO FILE.—Section 6012(a)(6)
of the Internal Revenue Code of 1986 (relating to political
organizations required to make returns of income) is amended
by inserting ‘‘or which has gross receipts of $25,000 or more
for the taxable year (other than an organization to which section
527 applies solely by reason of subsection (f )(1) of such section)’’
after ‘‘taxable year’’.
(2) INFORMATION REQUIRED TO BE INCLUDED ON RETURN.—
Section 6033 of such Code (relating to returns by exempt
organizations) is amended by redesignating subsection (g) as
subsection (h) and inserting after subsection (f ) the following
new subsection:
‘‘(g) RETURNS REQUIRED BY POLITICAL ORGANIZATIONS.—In the
case of a political organization required to file a return under
section 6012(a)(6)—
‘‘(1) such organization shall file a return—
‘‘(A) containing the information required, and com-
plying with the other requirements, under subsection (a)(1)
for organizations exempt from taxation under section
501(a), and
‘‘(B) containing such other information as the Secretary
deems necessary to carry out the provisions of this sub-
section, and
‘‘(2) subsection (a)(2)(B) (relating to discretionary excep-
tions) shall apply with respect to such return.’’.
(b) PUBLIC DISCLOSURE OF RETURNS.—
(1) RETURNS MADE AVAILABLE BY SECRETARY.—
(A) IN GENERAL.—Section 6104(b) of the Internal Rev-
enue Code of 1986 (relating to inspection of annual informa-
tion returns) is amended by inserting ‘‘6012(a)(6),’’ before
‘‘6033’’.
(B) CONTRIBUTOR
INFORMATION.—Section 6104(b) of
such Code is amended by inserting ‘‘or a political organiza-
tion exempt from taxation under section 527’’ after ‘‘509(a)’’.
(2) RETURNS MADE AVAILABLE BY ORGANIZATIONS.—
(A) IN GENERAL.—Paragraph (1)(A)(i) of section 6104(d)
of such Code (relating to public inspection of certain annual
returns, reports, applications for exemption, and notices
of status) is amended by inserting ‘‘or section 6012(a)(6)
H. R. 4762—7
(relating to returns by political organizations)’’ after
‘‘organizations)’’.
(B) CONFORMING AMENDMENTS.—
(i) Section 6104(d)(1) of such Code is amended
in the matter preceding subparagraph (A) by inserting
‘‘or an organization exempt from taxation under section
527(a)’’ after ‘‘501(a)’’.
(ii) Section 6104(d)(2) of such Code is amended
by inserting ‘‘or section 6012(a)(6)’’ after ‘‘section 6033’’.
(c) FAILURE TO FILE RETURN.—Section 6652(c)(1) of the Internal
Revenue Code of 1986 (relating to annual returns under section
6033) is amended—
(1) by inserting ‘‘or section 6012(a)(6) (relating to returns
by political organizations)’’ after ‘‘organizations)’’ in subpara-
graph (A)(i);
(2) by inserting ‘‘or section 6012(a)(6)’’ after ‘‘section 6033’’
in subparagraph (A)(ii);
(3) by inserting ‘‘or section 6012(a)(6)’’ after ‘‘section 6033’’
in the third sentence of subparagraph (A); and
(4) by inserting ‘‘OR 6012(a)(6)’’ after ‘‘SECTION 6033’’ in the
heading.
(d) EFFECTIVE DATE.—The amendments made by this section
shall apply to returns for taxable years beginning after June 30,
2000.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.