Increased Transparency in Political Funding: Disclosure of Major Non-Profit Donors.
This bill introduces new rules for non-profit social welfare organizations (501(c)(4)) engaged in political activity. It limits their political spending to 10% of total expenditures to maintain tax-exempt status. Crucially, these organizations must publicly disclose the names and addresses of donors contributing $5,000 or more, providing citizens with greater transparency regarding who funds political advocacy.
Key points
Non-profit organizations (501(c)(4)) will lose their tax-exempt status if they spend more than 10% of their total budget on political activities.
Mandatory public disclosure of names and addresses for all donors contributing $5,000 or more to organizations involved in political intervention.
Establishes a broad definition of 'political intervention,' covering express advocacy for or against candidates and the political use of organizational resources.
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens
(explained here).
Start recording it now.