House Democrats’ oversight package would allow the IRS to again issue rules clarifying the permitted political activities of some tax-exempt groups and require presidential and vice presidential nominees to disclose their tax returns.
A GOP-led Congress—through measures included in past funding legislation—for years has prohibited the Internal Revenue Service from clarifying the permissible political activities of tax-exempt Section 501(c)(4) social welfare organizations, such as the National Rifle Association, Americans for Prosperity, and Priorities USA.
The new House package, known as H.R. 1 would remove that barrier, according to a section-by-section summary.
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