Increased Transparency in 501(c)(4) Organizations Act of 2022

Bill: 117-hr-8694
Sponsor: full_name: Del. Norton, Eleanor Holmes [D-DC-At Large]
Introduced: 2022-08-09
Policy area: Taxation
Latest action: action_date: 2022-08-09
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2022-08-09
action_desc: Introduced in House
text: <p> <strong>Increased Transparency in 501(c)(4) Organizations Act of 2022</strong></p> <p>This bill expands public notice requirements for tax-exempt social welfare organizations [(i.e., 501(c)(4) organizations] to make a notice of intent to operate as such an organization publicly available in the same manner as an application for an exemption from tax.</p>

tv_txt: I 117th CONGRESS 2d Session H. R. 8694 IN THE HOUSE OF REPRESENTATIVES August 9, 2022 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 make notices of intent to operate under section 501(c)(4) publicly available in the same manner as applications for exemption from tax.

1. Short title This Act may be cited as the Increased Transparency in 501(c)(4) Organizations Act of 2022 . 2. Disclosure of notices of intent to operate under 501 (c) (4) (a) In general Section 506 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: (g) Disclosure of notices and requests Any notice under subsection (a), and any request under subsection (f), shall be treated for purposes of section 6104 as an application for exemption from taxation under section 501(a). . (b) Conforming amendment Section 506(f) of such Code is amended by striking the last sentence thereof. (c) Effective date The amendments made by this section shall apply with respect to notices submitted after the date that is 6 months after the date of the enactment of this Act.