Increased Transparency in 501(c)(4) Organizations Act of 2020

Bill: 116-hr-5834
Sponsor: full_name: Del. Norton, Eleanor Holmes [D-DC-At Large]
Introduced: 2020-02-10
Policy area: Taxation
Subjects: Freedom of information

Tax-exempt organizations
Latest action: action_date: 2020-02-10
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2020-02-10
action_desc: Introduced in House
text: <p><b>Increased Transparency in 501(c)(4) Organizations Act of 2020</b></p> <p>This bill requires tax-exempt organizations to make available for public inspection notifications that must be submitted to the Internal Revenue Service regarding the intent to operate under section 501(c)(4) of the Internal Revenue Code. </p>

tv_txt: I 116th CONGRESS 2d Session H. R. 5834 IN THE HOUSE OF REPRESENTATIVES February 10, 2020 Ms. Norton 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 require the disclosure of notifications of intent to operate under section 501(c)(4).

1. Short title This Act may be cited as the Increased Transparency in 501(c)(4) Organizations Act of 2020 . 2. Disclosure of notifications of intent to operate under 501 (c) (4) (a) In general Section 6104(d)(1)(A) of the Internal Revenue Code of 1986 is amended by striking and in clause (iii), by adding and at the end of clause (iv), and by inserting after clause (iv) the following new clause: (v) any notification required to be made by such organization under section 506(a), . (b) Effective date The amendments made by this section shall apply with respect to requests made after the date that is six months after the date of enactment of this Act.