US SB2979 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on May 25 2016 - 25% progression, died in committee
Action: 2016-05-25 - 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 May 25 2016 - 25% progression, died in committee
Action: 2016-05-25 - Read twice and referred to the Committee on Rules and Administration.
Pending: Senate Rules And Administration Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Presidential Tax Transparency Act This bill amends the Federal Election Campaign Act of 1971 to require any candidate of a major party for the office of President to file with the Federal Election Commission (FEC) a copy of the candidate's income tax returns for the three most recent taxable years for which such a return has been filed with the Internal Revenue Service as of the date of the nomination. In any case in which such a candidate has not filed with the FEC such income tax returns within 30 days after the nomination date, the FEC shall request the Department of the Treasury to furnish the returns. A tax return furnished to the FEC by a candidate or by Treasury shall be treated in the same manner as a report filed by the candidate and, except for the appropriate redaction of certain information, shall be made publicly available at the same time and in the same manner as other reports and statements. The bill amends the Internal Revenue Code to authorize the FEC to disclose to the public the applicable tax returns of any person who has been nominated as a candidate of a major party. Treasury shall furnish the FEC with copies of any requested returns.
Title
Presidential Tax Transparency Act
Sponsors
Sen. Ron Wyden [D-OR] | Sen. Michael Bennet [D-CO] | Sen. Elizabeth Warren [D-MA] | Sen. Barbara Boxer [D-CA] |
Sen. Tim Kaine [D-VA] | Sen. Tammy Baldwin [D-WI] | Sen. Benjamin Cardin [D-MD] | Sen. Christopher Murphy [D-CT] |
Sen. Tom Udall [D-NM] | Sen. Debbie Stabenow [D-MI] |
History
Date | Chamber | Action |
---|---|---|
2016-05-25 | Senate | Read twice and referred to the Committee on Rules and Administration. |
Same As/Similar To
HB5386 (Same As) 2016-06-07 - Referred to House Administration
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/114th-congress/senate-bill/2979/all-info |
Text | https://www.congress.gov/114/bills/s2979/BILLS-114s2979is.pdf |