Sec. 605. Improving E-filing data collection and distribution for non-profits

127 words·~1 min read·/bill/114/hr/1381/ih/section-605

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Section 6033 of the Internal Revenue Code of 1986 is amended by redesignating subsection

(n)as subsection

(o)and by inserting after subsection

(m)the following new subsection: Any organization required to file a return under this section shall file such return in electronic form, using a nonproprietary machine-readable data format. . Subsection

(b)of section 6104 of such Code is amended by adding at the end the following: Any annual return required to be filed electronically under section 6033(n) shall be made available by the Secretary to the public, in a nonproprietary machine-readable data format, in a database that is searchable, sortable, and downloadable. . The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.