Presidential Tax Transparency Act
Latest action · Jan 4, 2017 Read twice and referred to the Committee on Rules and Administration.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 4, 2017
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
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.
Cosponsors 23
Members who signed on, in the order they did. Signatures ran from Jan 4, 2017 to Jul 19, 2018; 10 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MD | Benjamin L. Cardin | Original | Jan 4, 2017 |
| D-CT | Christopher Murphy | Original | Jan 4, 2017 |
| D-MI | Debbie Stabenow | Original | Jan 4, 2017 |
| D-CA | Dianne Feinstein | Original | Jan 4, 2017 |
| D-MA | Elizabeth Warren | Original | Jan 4, 2017 |
| D-OR | Jeff Merkley | Original | Jan 4, 2017 |
| D-CO | Michael F. Bennet | Original | Jan 4, 2017 |
| D-WI | Tammy Baldwin | Original | Jan 4, 2017 |
| D-VA | Tim Kaine | Original | Jan 4, 2017 |
| D-NM | Tom Udall | Original | Jan 4, 2017 |
| D-MN | Al Franken | Jan 23, 2017 | |
| D-MA | Edward J. Markey | Jan 23, 2017 | |
| D-NY | Kirsten E. Gillibrand | Jan 23, 2017 | |
| D-RI | Sheldon Whitehouse | Jan 24, 2017 | |
| D-VT | Patrick J. Leahy | Jan 30, 2017 | |
| D-DE | Thomas R. Carper | Jan 30, 2017 | |
| D-NJ | Robert Menendez | Feb 6, 2017 | |
| D-WA | Maria Cantwell | Feb 15, 2017 | |
| D-DE | Christopher A. Coons | Feb 17, 2017 | |
| D-MD | Chris Van Hollen | Mar 21, 2017 | |
| D-NJ | Cory A. Booker | Apr 7, 2017 | |
| D-NH | Jeanne Shaheen | Jun 20, 2018 | |
| D-CA | Kamala D. Harris | Jul 19, 2018 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Rules and Administration Committee | Referred Jan 4, 2017 |
Actions 2
Everything that happened, newest first.
- Jan 4, 2017Introduced in Senate
- Jan 4, 2017Read twice and referred to the Committee on Rules and Administration.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| S. Hrg. 115-578 | BUSINESS MEETING439 pages | Environment and Public Works Committee | May 22, 2018 |
Related bills 7
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 20 | Presidential Tax Transparency Act | Reintroduced Bill | Jan 3, 2019 |
| S 65 | Presidential Conflicts of Interest Act of 2017 | Related bill | Jan 9, 2017 |
| HR 305 | Presidential Tax Transparency Act | Identical bill | Apr 5, 2017 |
| HR 371 | Presidential Conflicts of Interest Act of 2017 | Related bill | Feb 6, 2017 |
| S 1880 | We the People Democracy Reform Act of 2017 | Related bill | Sep 27, 2017 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Ethics in Government Act of 1978 to require the disclosure of certain tax returns by Presidents and certain candidates for the office of the President, and for other purposes.
- Short Titles as Introduced
- Presidential Tax Transparency Act
Subjects
Assigned by the Library of Congress. Policy area: Government Operations and Politics.
Text 1
Each version as it was printed, newest first.
- Jan 4, 2017Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
