US SB20 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 23-0)
Status: Introduced on January 3 2019 - 25% progression, died in committee
Action: 2019-01-03 - Read twice and referred to the Committee on Rules and Administration.
Pending: Senate Rules And Administration Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requires the President and certain candidates for President to disclose federal income tax returns for the three most recent taxable years in reports filed with either the Office of Government Ethics (OGE) or the Federal Election Commission (FEC), in the case of a candidate. The OGE or the FEC must make the disclosed tax returns publicly available after making appropriate redactions. If the income tax returns are not disclosed as required by this bill, the OGE or the FEC must request the returns from the Internal Revenue Service (IRS). The bill requires the IRS, upon receiving a written request from the FEC or the OGE, to provide any income tax return that is required to be disclosed under this bill. The bill also establishes civil and criminal penalties for failing to file or falsifying income tax returns that are required to be disclosed pursuant to this bill.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Presidential Tax Transparency Act

Sponsors


History

DateChamberAction
2019-01-03SenateRead twice and referred to the Committee on Rules and Administration.

Same As/Similar To

SB882 (Related) 2019-03-26 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Subjects


US Congress State Sources


Bill Comments

feedback