Legis Daily

Crack Down on Dark Money Act

USA117th CongressHR-5997| House 
| Updated: 11/17/2021
Jared F. Golden

Jared F. Golden

Democratic Representative

Maine

Cosponsors (3)
Val Butler Demings (Democratic)Mark DeSaulnier (Democratic)Eleanor Holmes Norton (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Crack Down on Dark Money Act This bill prohibits tax-exempt 501(c)(4) social welfare organizations from using more than 10% of their total expenditures on covered political expenditures (i.e., direct or indirect expenditures for an exempt function, including influencing or attempting to influence the selection, nomination, election, or appointment of any individual to any federal, state, or local public office or office in a political organization, or the election of presidential or vice-presidential electors, whether or not such individual or electors are selected, nominated, elected, or appointed). The bill also requires a social welfare organization that spends funds on political intervention to publicly disclose the name and address of any contributor donating $5,000 or more to such organization. The term political intervention includes advocacy for the election, defeat, nomination or recall of a political candidate, the making of contributions to a political campaign, communications to the electorate about political candidates, and political use of resources.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-7525
Crack Down on Dark Money Act
Nov 17, 2021
Introduced in House
Nov 17, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-7525
    Crack Down on Dark Money Act


  • November 17, 2021
    Introduced in House


  • November 17, 2021
    Referred to the House Committee on Ways and Means.

Taxation

Crack Down on Dark Money Act

USA117th CongressHR-5997| House 
| Updated: 11/17/2021
Crack Down on Dark Money Act This bill prohibits tax-exempt 501(c)(4) social welfare organizations from using more than 10% of their total expenditures on covered political expenditures (i.e., direct or indirect expenditures for an exempt function, including influencing or attempting to influence the selection, nomination, election, or appointment of any individual to any federal, state, or local public office or office in a political organization, or the election of presidential or vice-presidential electors, whether or not such individual or electors are selected, nominated, elected, or appointed). The bill also requires a social welfare organization that spends funds on political intervention to publicly disclose the name and address of any contributor donating $5,000 or more to such organization. The term political intervention includes advocacy for the election, defeat, nomination or recall of a political candidate, the making of contributions to a political campaign, communications to the electorate about political candidates, and political use of resources.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-7525
Crack Down on Dark Money Act
Nov 17, 2021
Introduced in House
Nov 17, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-7525
    Crack Down on Dark Money Act


  • November 17, 2021
    Introduced in House


  • November 17, 2021
    Referred to the House Committee on Ways and Means.
Jared F. Golden

Jared F. Golden

Democratic Representative

Maine

Cosponsors (3)
Val Butler Demings (Democratic)Mark DeSaulnier (Democratic)Eleanor Holmes Norton (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted