501(c)(4) Reform Act of 2013

Bill: 113-hr-2520
Sponsor: full_name: Rep. Lujan Grisham, Michelle [D-NM-1]
Introduced: 2013-06-26
Policy area: Taxation
Subjects: Elections, voting, political campaign regulation

Political advertising

Tax-exempt organizations
Latest action: action_date: 2013-06-26
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2013-06-26
action_desc: Introduced in House
text: <p>501(c)(4) Reform Act of 2013 - Amends the Internal Revenue Code, with respect to the tax exemption for civic leagues or organizations operated for the promotion of social welfare, to prohibit such entities from participating or intervening (including the publishing or distributing of statements) in any political campaign on behalf of, or in opposition to, any candidate for public office.</p>

tv_txt: I 113th CONGRESS 1st Session H. R. 2520 IN THE HOUSE OF REPRESENTATIVES June 26, 2013 Ms. Michelle Lujan Grisham of New Mexico (for herself and Mr. Cummings ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to prohibit 501(c)(4) entities from participating in, or intervening in (including the publishing or distributing of statements), any political campaign.

1. Short title This Act may be cited as the 501(c)(4) Reform Act of 2013 . 2. 501(c)(4) entities prohibited from participating in, or intervening in (including the publishing or distributing of statements), political campaigns (a) In general Subparagraph (A) of section 501(c)(4) of the Internal Revenue Code of 1986 is amended by inserting before the period at the end the following: and which does not participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of (or in opposition to) any candidate for public office. . (b) Effective date The amendment made by subsection (a) shall apply to taxable years beginning after the date of the enactment of this Act.