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End Tax Breaks for Dark Money Act

USA118th CongressHR-7244| House 
| Updated: 2/6/2024
Judy Chu

Judy Chu

Democratic Representative

California

Cosponsors (20)
Nikema Williams (Democratic)Becca Balint (Democratic)Adam B. Schiff (Democratic)Barbara Lee (Democratic)Raúl M. Grijalva (Democratic)Ilhan Omar (Democratic)Delia C. Ramirez (Democratic)Danny K. Davis (Democratic)Henry C. "Hank" Johnson (Democratic)Daniel S. Goldman (Democratic)Sydney Kamlager-Dove (Democratic)Eleanor Holmes Norton (Democratic)Bonnie Watson Coleman (Democratic)Jamie Raskin (Democratic)Sean Casten (Democratic)Janice D. Schakowsky (Democratic)Summer L. Lee (Democratic)Jesús G. "Chuy" García (Democratic)Jimmy Gomez (Democratic)Rashida Tlaib (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
End Tax Breaks for Dark Money Act This bill extends the capital gains tax on transfers of appreciated property to certain tax-exempt social organizations (e.g., civics leagues, agricultural organizations, or business leagues). Currently, the tax is imposed only on transfers to political organizations.
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Timeline
Feb 6, 2024
Introduced in House
Feb 6, 2024
Referred to the House Committee on Ways and Means.
  • February 6, 2024
    Introduced in House


  • February 6, 2024
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 118-3743: A bill to amend the Internal Revenue Code of 1986 to treat transfers of appreciated property to certain tax-exempt organizations the same as transfers of appreciated property to political organizations.

End Tax Breaks for Dark Money Act

USA118th CongressHR-7244| House 
| Updated: 2/6/2024
End Tax Breaks for Dark Money Act This bill extends the capital gains tax on transfers of appreciated property to certain tax-exempt social organizations (e.g., civics leagues, agricultural organizations, or business leagues). Currently, the tax is imposed only on transfers to political organizations.
View Full Text

Suggested Questions

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

Timeline
Feb 6, 2024
Introduced in House
Feb 6, 2024
Referred to the House Committee on Ways and Means.
  • February 6, 2024
    Introduced in House


  • February 6, 2024
    Referred to the House Committee on Ways and Means.
Judy Chu

Judy Chu

Democratic Representative

California

Cosponsors (20)
Nikema Williams (Democratic)Becca Balint (Democratic)Adam B. Schiff (Democratic)Barbara Lee (Democratic)Raúl M. Grijalva (Democratic)Ilhan Omar (Democratic)Delia C. Ramirez (Democratic)Danny K. Davis (Democratic)Henry C. "Hank" Johnson (Democratic)Daniel S. Goldman (Democratic)Sydney Kamlager-Dove (Democratic)Eleanor Holmes Norton (Democratic)Bonnie Watson Coleman (Democratic)Jamie Raskin (Democratic)Sean Casten (Democratic)Janice D. Schakowsky (Democratic)Summer L. Lee (Democratic)Jesús G. "Chuy" García (Democratic)Jimmy Gomez (Democratic)Rashida Tlaib (Democratic)

Ways and Means Committee

Taxation

Related Bills

  • S 118-3743: A bill to amend the Internal Revenue Code of 1986 to treat transfers of appreciated property to certain tax-exempt organizations the same as transfers of appreciated property to political organizations.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted