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.
Expired
Citizen Poll