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Main Subject: Taxation

Don't Weaponize the IRS Act

This bill codifies regulations promulgated by the Trump Administration exempting certain tax-exempt organizations from specified reporting requirements. Specifically the bill

increases from $5,000 to $50,000 the gross receipts threshold used to determine the eligibility of tax-exempt organizations for the exemption from certain disclosure and reporting requirements;
expands the definition of organization to include tax-exempt charitable organizations and organizations with no significant activities relating to lobbying, political activity, and the operation of a trade or business;
exempts from disclosure the names and addresses of contributors to an organization in its annual informational return; and
extends exemptions from reporting requirements to political action committees (i.e., 527 organizations).

S1777-117, HR7485-117, HR8528-117,

House floor actions Actions

IntroReferral
Jul. 30 2021	Referred to the House Committee on Ways and Means.

Library of Congress Actions

IntroReferral
Jul. 30 2021	Introduced in House Introduced in House

House bill HR4889-117

Don't Weaponize the IRS Act

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