A resolution designating the week of May 9 through May 15, 2021, as "National Police Week".
- Last Action
- 5/13/2021
Actions
- 2021-02-03Read twice and referred to the Committee on Finance.
- 2021-02-03Introduced in Senate
CRS Summary
As of 2021-02-03 (00)
Spotlight Act
This bill renders null and void final Internal Revenue Service (IRS) regulations published on May 28, 2020, relating to the reporting requirements of tax-exempt organizations.
The bill requires tax-exempt organizations that fall under sections 501(c)(4), 501(c)(5), and 501(c)(6) of the Internal Revenue Code (e.g., social welfare organizations, labor organizations, business leagues) to disclose the names and addresses of all substantial contributors (persons who contribute more than $5,000 per year to such organizations) on their information returns.
The bill also eliminates the authority of the IRS to provide exceptions to the disclosure requirements for tax-exempt organizations. This provision does not apply to determinations made by the IRS before July 16, 2018.
Cosponsors (19)
- Ron Wyden (D-OR)
- Michael Bennet (D-CO)
- Thomas Carper (D-DE)
- Sheldon Whitehouse (D-RI)
- Richard Blumenthal (D-CT)
- Patty Murray (D-WA)
- Chris Van Hollen (D-MD)
- Jeff Merkley (D-OR)
- Amy Klobuchar (D-MN)
- Mazie Hirono (D-HI)
- Angus King (I-ME)
- Sherrod Brown (D-OH)
- Catherine Cortez Masto (D-NV)
- Cory Booker (D-NJ)
- Robert Menendez (D-NJ)
- Bob Casey (D-PA)
- Elizabeth Warren (D-MA)
- Tammy Baldwin (D-WI)
- Kirsten Gillibrand (D-NY)
Subjects
- Administrative law and regulatory procedures
- Department of the Treasury
- Government information and archives
- Internal Revenue Service (IRS)
- Labor-management relations
- Tax administration and collection, taxpayers
- Tax-exempt organizations
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.