Bill Sponsor
Senate Bill 3284
115th Congress(2017-2018)
Spotlight Act
Introduced
Introduced
Introduced in Senate on Jul 26, 2018
Overview
Text
Sponsor
Introduced
Jul 26, 2018
Latest Action
Jul 26, 2018
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
3284
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Sponsorship by Party
Democrat
Montana
Democrat
Connecticut
Democrat
Delaware
Democrat
Illinois
Democrat
Massachusetts
Democrat
Michigan
Democrat
New Hampshire
Democrat
New Hampshire
Democrat
New Jersey
Democrat
New Mexico
Democrat
New Mexico
Democrat
North Dakota
Democrat
Oregon
Democrat
Pennsylvania
Democrat
Rhode Island
Democrat
Rhode Island
Democrat
Virginia
Democrat
Washington
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Spotlight Act

This bill repeals an Internal Revenue Service (IRS) revenue procedure (Rev. Proc. 2018-38) that exempts certain tax-exempt organizations that are not 501(c)(3) organizations from the requirement to report the names and addresses of substantial contributors (persons who contribute more than $5,000 per year) on information returns that are filed with the IRS.

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 on their returns. The information must also be made available to the public.

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.

Text (1)
Actions (2)
07/26/2018
Read twice and referred to the Committee on Finance.
07/26/2018
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:41:47 PM