H.R. 4889 — Don't Weaponize the IRS Act

Summary

Don't Weaponize the IRS Act

This bill codifies regulations promulgated by the Trump Administration exempting certain tax-exempt organizations from specified reporting requirements. Specifically the bill

increases from $5,000 to $50,000 the gross receipts threshold used to determine the eligibility of tax-exempt organizations for the exemption from certain disclosure and reporting requirements;
expands the definition of organization to include tax-exempt charitable organizations and organizations with no significant activities relating to lobbying, political activity, and the operation of a trade or business;
exempts from disclosure the names and addresses of contributors to an organization in its annual informational return; and
extends exemptions from reporting requirements to political action committees (i.e., 527 organizations).

Related Legislation

H.R. 7485Simplify, Don’t Amplify the IRS Act

2022-04-07Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Reform, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

H.R. 8528ACE Act

2022-11-01Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.

S. 1777Don't Weaponize the IRS Act

2021-05-20Read twice and referred to the Committee on Finance.

Don't Weaponize the IRS Act

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