Bill Sponsor
Senate Bill 26
115th Congress(2017-2018)
Presidential Tax Transparency Act
Introduced
Introduced
Introduced in Senate on Jan 4, 2017
Overview
Text
Sponsor
Introduced
Jan 4, 2017
Latest Action
Jan 4, 2017
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
26
Congress
115
Policy Area
Government Operations and Politics
Government Operations and Politics
Primary focus of measure is government administration, including agency organization, contracting, facilities and property, information management and services; rulemaking and administrative law; elections and political activities; government employees and officials; Presidents; ethics and public participation; postal service. Measures concerning agency appropriations and the budget process may fall under Economics and Public Finance policy area.
Sponsorship by Party
Democrat
Oregon
Democrat
California
Democrat
Connecticut
Democrat
Delaware
Democrat
Delaware
Democrat
Maryland
Democrat
Massachusetts
Democrat
Massachusetts
Democrat
Minnesota
Democrat
New Hampshire
Democrat
New Jersey
Democrat
New Jersey
Democrat
New Mexico
Democrat
Rhode Island
Democrat
Virginia
Democrat
Washington
Democrat
Wisconsin
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Presidential Tax Transparency Act

This bill amends the Ethics in Government Act of 1978 to require the President and certain candidates for President to disclose federal income tax returns for the three most recent taxable years in reports filed with either the Office of Government Ethics (OGE) or the Federal Election Commission (FEC), in the case of a candidate.

The OGE or the FEC must make the disclosed tax returns publicly available after making appropriate redactions. If the income tax returns are not disclosed as required by this bill, the OGE or the FEC must request the returns from the Internal Revenue Service (IRS).

The bill amends the Internal Revenue Code to require the IRS, upon receiving a written request from the FEC or the OGE, to provide any income tax return that is required to be disclosed under this bill.

The bill also establishes civil and criminal penalties for failing to file or falsifying income tax returns that are required to be disclosed pursuant to this bill.

Text (1)
January 4, 2017
Actions (2)
01/04/2017
Read twice and referred to the Committee on Rules and Administration.
01/04/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:35:19 PM