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Code · BILL · 118th Congress · H.R. 11 (Introduced in House) — To expand Americans’ access to the ballot box and reduce the influence of big money in politics, and for other purposes. · Sec. 6202

Sec. 6202. Inclusion of contributor information on annual returns of certain organizations

247 words·~1 min read·/bill/118/hr/11/ih/section-6202

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The final regulations of the Department of the Treasury relating to guidance under section 6033 regarding the reporting requirements of exempt organizations (published at 85 Fed. Reg. 31959 (May 28, 2020)) shall have no force and effect. Section 6033(f)(1) of the Internal Revenue Code of 1986 is amended by inserting (5), after paragraphs . Section 6033 of such Code is amended by redesignating subsection
(o)as subsection
(p)and by inserting after subsection
(n)the following new subsection: (c)(5) and (c)(6) of section 501 Every organization which is described in paragraph
(5)or
(6)of section 501(c) and which is subject to the requirements of subsection
(a)shall include on the return required under subsection
(a)the information referred to in subsection (b)(5). . The amendments made by this subsection shall apply to returns required to be filed for taxable years ending after the date of the enactment of this Act. Section 6033(a)(3)(B) of the Internal Revenue Code of 1986 is amended to read as follows: Paragraph
(1)shall not apply to any organization if the Secretary made a determination under this subparagraph before July 16, 2018, that such filing is not necessary to the efficient administration of the internal revenue laws. The Secretary may recommend to Congress that Congress relieve any organization required under paragraph
(1)to file an information return from filing such a return if the Secretary determines that such filing does not advance a national security, law enforcement, or tax administration purpose. .
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  • 85 FR 31959
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Sec. 6202
Inclusion of contributor information on annual returns of certain organizations
Fed. Reg.85 FR 31959
Cites 1Cited by 0 across 0 sources
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