arrow_back Back to App

US Presidential and Vice Presidential Tax Transparency

New rules aim to increase financial transparency for individuals seeking and holding the highest offices in the US. Citizens will gain access to tax returns of Presidents, Vice Presidents, and major candidates, allowing for a better assessment of their financial situation and potential conflicts of interest. The act seeks to enhance public trust by disclosing previously private information.
Key points
Presidential and Vice Presidential candidates, as well as sitting Presidents and Vice Presidents, will be required to disclose their tax returns for the past 10 years.
These tax returns will be made publicly available through the Federal Election Commission, with sensitive information like social security numbers redacted.
If voluntary disclosure is not met, the Federal Election Commission can request these documents directly from the Internal Revenue Service.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_347
Sponsor: Rep. Eshoo, Anna G. [D-CA-18]
Process start date: 2021-01-19
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Presidential Tax Transparency Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_347.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-01-19.

What are the main provisions?

Key points include:

  • Presidential and Vice Presidential candidates, as well as sitting Presidents and Vice Presidents, will be required to disclose their tax returns for the past 10 years.
  • These tax returns will be made publicly available through the Federal Election Commission, with sensitive information like social security numbers redacted.
  • If voluntary disclosure is not met, the Federal Election Commission can request these documents directly from the Internal Revenue Service.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Eshoo, Anna G. [D-CA-18].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Taxes Courts and Law