This legislation, known as the "End Dark Money Act," proposes to eliminate a specific funding restriction imposed on the Internal Revenue Service (IRS). Currently, Section 123 of the Financial Services and General Government Appropriations Act, 2024, prevents the IRS from utilizing its funds for certain activities. The bill's primary objective is to render this restriction ineffective for fiscal year 2025, thereby enabling the IRS to use its resources to bring greater transparency to the political activity of various nonprofit organizations. By repealing this limitation, the legislation aims to empower the IRS to conduct oversight and shed light on political spending by these groups.
Referred to the House Committee on Ways and Means.
Taxation
End Dark Money Act
USA119th CongressHR-2498| House
| Updated: 3/31/2025
This legislation, known as the "End Dark Money Act," proposes to eliminate a specific funding restriction imposed on the Internal Revenue Service (IRS). Currently, Section 123 of the Financial Services and General Government Appropriations Act, 2024, prevents the IRS from utilizing its funds for certain activities. The bill's primary objective is to render this restriction ineffective for fiscal year 2025, thereby enabling the IRS to use its resources to bring greater transparency to the political activity of various nonprofit organizations. By repealing this limitation, the legislation aims to empower the IRS to conduct oversight and shed light on political spending by these groups.