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]
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.
Title
Presidential Tax Transparency Act
Sponsors
Sen. Ron Wyden [D-OR] | Sen. Tammy Baldwin [D-WI] | Sen. Michael Bennet [D-CO] | Sen. Cory Booker [D-NJ] |
Sen. Benjamin Cardin [D-MD] | Sen. Thomas Carper [D-DE] | Sen. Christopher Coons [D-DE] | Sen. Kirsten Gillibrand [D-NY] |
Sen. Kamala Harris [D-CA] | Sen. Tim Kaine [D-VA] | Sen. Patrick Leahy [D-VT] | Sen. Edward Markey [D-MA] |
Sen. Robert Menendez [D-NJ] | Sen. Christopher Murphy [D-CT] | Sen. Chris Van Hollen [D-MD] | Sen. Elizabeth Warren [D-MA] |
Sen. Sheldon Whitehouse [D-RI] | Sen. Dianne Feinstein [D-CA] | Sen. Maria Cantwell [D-WA] | Sen. Richard Blumenthal [D-CT] |
Sen. Jeff Merkley [D-OR] | Sen. Debbie Stabenow [D-MI] | Sen. Amy Klobuchar [D-MN] |
History
Date | Chamber | Action |
---|---|---|
2019-01-03 | Senate | Read 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
Elections, voting, political campaign regulation
Government ethics and transparency, public corruption
Government information and archives
Government operations and politics
Presidents and presidential powers, Vice Presidents
Tax administration and collection, taxpayers
Government ethics and transparency, public corruption
Government information and archives
Government operations and politics
Presidents and presidential powers, Vice Presidents
Tax administration and collection, taxpayers
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/20/all-info |
Text | https://www.congress.gov/116/bills/s20/BILLS-116s20is.pdf |