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To amend the Internal Revenue Code of 1986 to provide for disclosure for charity employees and board members previously implicated in terror finance.

USA115th CongressHR-2058| House 
| Updated: 4/6/2017
Ted Poe

Ted Poe

Republican Representative

Texas

Cosponsors (3)
Paul Cook (Republican)Scott Perry (Republican)Randy K. Sr. Weber (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Charity Transparency Act of 2017 This bill amends the Internal Revenue Code to require tax-exempt organizations to disclose details regarding employees and board members involved in terror finance activities. An organization applying for tax-exempt status must disclose in its application the names and addresses of any officer, director, trustee, or highly compensated employee who, at any time prior to the date of the application, was: a member or employee of an organization: (1) named on the Department of the Treasury's Designated Charities and Potential Fundraising Front Organizations for FTOs (Foreign Terrorist Organizations) list, or (2) with property that has been blocked pending investigation by Treasury's Office of Foreign Assets Control; an unindicted co-conspirator with respect to a terror finance scheme of an organization described above; or an employee of any charity found liable for civil damages due to an act of international terrorism. In lieu of the disclosure, the organization may include a statement indicating that no officer, director, trustee, or highly compensated employee of the organization (or individual with similar powers and responsibilities) meets the criteria described above. Tax-exempt organizations must also include either the required disclosure or the statement in annual tax returns filed after the enactment of this bill.
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Timeline
Apr 6, 2017
Introduced in House
Apr 6, 2017
Referred to the House Committee on Ways and Means.
  • April 6, 2017
    Introduced in House


  • April 6, 2017
    Referred to the House Committee on Ways and Means.

Taxation

Foreign propertyGovernment information and archivesSocial work, volunteer service, charitable organizationsTax administration and collection, taxpayersTax-exempt organizationsTerrorism

To amend the Internal Revenue Code of 1986 to provide for disclosure for charity employees and board members previously implicated in terror finance.

USA115th CongressHR-2058| House 
| Updated: 4/6/2017
Charity Transparency Act of 2017 This bill amends the Internal Revenue Code to require tax-exempt organizations to disclose details regarding employees and board members involved in terror finance activities. An organization applying for tax-exempt status must disclose in its application the names and addresses of any officer, director, trustee, or highly compensated employee who, at any time prior to the date of the application, was: a member or employee of an organization: (1) named on the Department of the Treasury's Designated Charities and Potential Fundraising Front Organizations for FTOs (Foreign Terrorist Organizations) list, or (2) with property that has been blocked pending investigation by Treasury's Office of Foreign Assets Control; an unindicted co-conspirator with respect to a terror finance scheme of an organization described above; or an employee of any charity found liable for civil damages due to an act of international terrorism. In lieu of the disclosure, the organization may include a statement indicating that no officer, director, trustee, or highly compensated employee of the organization (or individual with similar powers and responsibilities) meets the criteria described above. Tax-exempt organizations must also include either the required disclosure or the statement in annual tax returns filed after the enactment of this bill.
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Timeline
Apr 6, 2017
Introduced in House
Apr 6, 2017
Referred to the House Committee on Ways and Means.
  • April 6, 2017
    Introduced in House


  • April 6, 2017
    Referred to the House Committee on Ways and Means.
Ted Poe

Ted Poe

Republican Representative

Texas

Cosponsors (3)
Paul Cook (Republican)Scott Perry (Republican)Randy K. Sr. Weber (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Foreign propertyGovernment information and archivesSocial work, volunteer service, charitable organizationsTax administration and collection, taxpayersTax-exempt organizationsTerrorism