Legis Daily

Putting Trust in Transparency Act

USA119th CongressHR-2841| House 
| Updated: 4/10/2025
Paul A. Gosar

Paul A. Gosar

Republican Representative

Arizona

Cosponsors (10)
Tim Burchett (Republican)Elijah Crane (Republican)Andy Biggs (Republican)Brandon Gill (Republican)Anna Paulina Luna (Republican)Troy E. Nehls (Republican)Lauren Boebert (Republican)Randy K. Sr. Weber (Republican)Ralph Norman (Republican)Josh Brecheen (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This legislative proposal aims to increase transparency for certain tax-exempt organizations by requiring the public disclosure of their non-federal funding sources. It amends the Internal Revenue Code of 1986 to mandate that 501(c) organizations receiving federal funding must make public their Schedule B of Form 990, which details contributions. Specifically, the bill requires the Internal Revenue Service to release the names, zip codes, and total contributions of donors to these organizations, unredacted, within 60 days of processing the form. Furthermore, it establishes a new penalty for non-compliance: any organization failing to file the required Schedule B will have its tax-exempt status revoked after notification and a 60-day grace period. These provisions will apply to returns filed for taxable years beginning after the bill's enactment.
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Timeline
Apr 10, 2025
Introduced in House
Apr 10, 2025
Referred to the House Committee on Ways and Means.
  • April 10, 2025
    Introduced in House


  • April 10, 2025
    Referred to the House Committee on Ways and Means.

Taxation

Putting Trust in Transparency Act

USA119th CongressHR-2841| House 
| Updated: 4/10/2025
This legislative proposal aims to increase transparency for certain tax-exempt organizations by requiring the public disclosure of their non-federal funding sources. It amends the Internal Revenue Code of 1986 to mandate that 501(c) organizations receiving federal funding must make public their Schedule B of Form 990, which details contributions. Specifically, the bill requires the Internal Revenue Service to release the names, zip codes, and total contributions of donors to these organizations, unredacted, within 60 days of processing the form. Furthermore, it establishes a new penalty for non-compliance: any organization failing to file the required Schedule B will have its tax-exempt status revoked after notification and a 60-day grace period. These provisions will apply to returns filed for taxable years beginning after the bill's enactment.
View Full Text

Suggested Questions

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

Timeline
Apr 10, 2025
Introduced in House
Apr 10, 2025
Referred to the House Committee on Ways and Means.
  • April 10, 2025
    Introduced in House


  • April 10, 2025
    Referred to the House Committee on Ways and Means.
Paul A. Gosar

Paul A. Gosar

Republican Representative

Arizona

Cosponsors (10)
Tim Burchett (Republican)Elijah Crane (Republican)Andy Biggs (Republican)Brandon Gill (Republican)Anna Paulina Luna (Republican)Troy E. Nehls (Republican)Lauren Boebert (Republican)Randy K. Sr. Weber (Republican)Ralph Norman (Republican)Josh Brecheen (Republican)

Ways and Means Committee

Taxation

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