I
115th CONGRESS
1st Session
H. R. 2338
IN THE HOUSE OF REPRESENTATIVES
May 3, 2017
Ms. Michelle Lujan Grisham of New Mexico introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to prohibit 501(c)(4) entities from participating in, or intervening in (including the publishing or distributing of statements), any political campaign.
Short title
This Act may be cited as the 501(c)(4) Reform Act of 2017
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501(c)(4) entities prohibited from participating in, or intervening in (including the publishing or distributing of statements), political campaigns
In general
Section 501(c)(4) of the Internal Revenue Code of 1986 is amended by adding at the end the following:
Subparagraph (A) shall not apply to an entity if the entity participates in, or intervenes in (including the publishing or distributing of statements), any political campaign on behalf of (or in opposition to) any candidate for public office.
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Effective date
The amendment made by subsection (a) shall apply to taxable years beginning after the date of the enactment of this Act.