H.R. 4889

Referred to Committee

Don't Weaponize the IRS Act

Introduced 7/30/2021•117th Congress•House

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Latest Action

Referred to the House Committee on Ways and Means.

7/30/2021 • House

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).

Introduced in House • 7/30/2021

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Topics & Subjects

Policy Area: Taxation

Elections, voting, political campaign regulationSocial work, volunteer service, charitable organizationsTax administration and collection, taxpayersTax-exempt organizations