I 
114TH CONGRESS 
2D SESSION 
H. R. 5386 
To amend the Federal Election Campaign Act of 1971 to require candidates 
of major parties for the office of President to disclose recent tax return 
information. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE 7, 2016 
Ms. ESHOO (for herself, Mr. GUTIE´RREZ, Mr. COHEN, Mrs. NAPOLITANO, Mr. 
CA´RDENAS, Mr. TED LIEU of California, Mr. BRENDAN F. BOYLE of 
Pennsylvania, Mr. HASTINGS, Ms. TSONGAS, Mr. BLUMENAUER, Ms. 
SCHAKOWSKY, Mr. MURPHY of Florida, Ms. TITUS, Mr. MCGOVERN, Mr. 
COSTA, and Mr. POCAN) introduced the following bill; which was 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 with-
in the jurisdiction of the committee concerned 
A BILL 
To amend the Federal Election Campaign Act of 1971 to 
require candidates of major parties for the office of 
President to disclose recent tax return information. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Presidential Tax 
Transparency Act’’. 
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SEC. 2. DISCLOSURE OF RECENT TAX RETURNS OF CER-
TAIN PRESIDENTIAL CANDIDATES. 
(a) IN GENERAL.—Section 304 of the Federal Elec-
tion Campaign Act of 1971 (52 U.S.C. 30104) is amended 
by adding at the end the following new subsection: 
‘‘(j) DISCLOSURE OF TAX RETURNS OF CERTAIN 
PRESIDENTIAL CANDIDATES.— 
‘‘(1) IN
GENERAL.—Not later than 15 days 
after the nomination of any candidate of a major 
party for the office of President, such candidate 
shall file with the Commission a copy of the income 
tax returns of such candidate for the 3 most recent 
taxable years for which such a return has been filed 
with the Internal Revenue Service as of the date of 
the nomination. 
‘‘(2) 
PROCEDURE
IF
NO
INFORMATION 
FILED.—In any case in which the candidate of a 
major party for the office of President has not filed 
with the Commission the income tax returns de-
scribed in paragraph (1) before the date which is 30 
days after the date such candidate is nominated, the 
Chairman of the Commission shall request the Sec-
retary of the Treasury to provide such returns. 
‘‘(3) RETURNS
MADE
PUBLIC.—A tax return 
provided to the Commission by a candidate under 
paragraph (1) or by the Secretary of the Treasury 
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pursuant to paragraph (2) shall be treated in the 
same manner as a report filed by the candidate and, 
except as provided in paragraph (4), shall be made 
publicly available at the same time and in the same 
manner as other reports and statements under this 
section. 
‘‘(4) REDACTION OF CERTAIN INFORMATION.— 
Before making any return described in paragraph 
(1) or (2) available to the public, the Commission 
shall redact such information as the Commission, in 
consultation with the Secretary of the Treasury (or 
the Secretary’s delegate), determines appropriate. 
‘‘(5) DEFINITIONS.—For purposes of this sub-
section: 
‘‘(A) MAJOR
PARTY.—The term ‘major 
party’ has the meaning given such term by sec-
tion 9002(6) of the Internal Revenue Code of 
1986. 
‘‘(B) INCOME
TAX
RETURN.—The term 
‘income tax return’ means any return (as de-
fined in section 6103(b)(1) of the Internal Rev-
enue Code of 1986) relating to Federal income 
taxes.’’. 
(b) AUTHORITY TO DISCLOSE INFORMATION.— 
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