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- S.744
S.744: A bill to amend section 527 of the Internal Revenue Code of 1986 to eliminate notification and return requirements for State and local candidate committees and avoid duplicate reporting by certain State and local political committees of information required to be reported and made publicly available under State law.
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced April 6, 2001
- Latest Major Action April 6, 2001
Bill Sponsor
Bill Cosponsors
5 (3 Democrats, 3 Republicans)
Bill Summary
Amends the Internal Revenue Code to: (1) exempt State and local candidate committees from specified notification requirements; (2) exempt State and local political committees from specified reporting and annual gross receipts-based return requirements; and (3) authorize the Secretary of the Treasury to waive certain related penalties.Directs the Secretary to publicize the effects of the amendments made by this Act.
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| April 6, 2001 |
Introduced in the Senate by Kay Bailey Hutchison (R-Texas) |