To amend the Internal Revenue Code of 1986 to provide for examination and disclosure with respect to Presidential income tax returns, to amend chapter 131 of title 5, United States Code, to require the disclosure of certain tax returns by Presidents and certain candidates for the office of the President, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill adds or tightens a reporting req provision: 1. Short title This Act may be cited as the Presidential Audit and Tax Transparency Act, expands a grant, reporting req, compliance mandate provision: 2, and expands a grant, reporting req, compliance mandate provision: 7613. Examination with respect to Presidential income tax returns As rapidly as practicable after the filing of any Presidential income tax return. It relies on reporting requirements, grants, compliance mandates, and appropriations. The main policy areas are Environment, Finance, and Immigration.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Adds or tightens a reporting req provision: 1. Short title This Act may be cited as the Presidential Audit and Tax Transparency Act.
- Expands a grant, reporting req, compliance mandate provision: 2.
- Expands a grant, reporting req, compliance mandate provision: 7613. Examination with respect to Presidential income tax returns As rapidly as practicable after the filing of any Presidential income tax return...
- Expands a appropriation, grant, reporting req provision: 3. Additional disclosure of tax returns by Presidents and certain Presidential candidates Chapter 131 of title 5, United States Code, is amended— by inserting...
- Expands a appropriation, grant, reporting req provision: 13104A. Disclosure of tax returns.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill adds or tightens a reporting req provision: 1. Short title This Act may be cited as the Presidential Audit and Tax Transparency Act, expands a grant, reporting req, compliance mandate provision: 2, and expands a grant, reporting req, compliance mandate provision: 7613. Examination with respect to Presidential income tax returns As rapidly as practicable after the filing of any Presidential income tax return.
Key Policy Areas
Environment, Finance, Immigration
Primary Purpose
The bill adds or tightens a reporting req provision: 1. Short title This Act may be cited as the Presidential Audit and Tax Transparency Act, expands a grant, reporting req, compliance mandate provision: 2, and expands a grant, reporting req, compliance mandate provision: 7613. Examination with respect to Presidential income tax returns As rapidly as practicable after the filing of any Presidential income tax return.
Policy Domains
Sponsors
Legislative Progress
IntroducedMr. Wyden (for himself, Ms. Klobuchar, Mr. Kaine, Ms. Warren, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
- "secretary_of_treasury"
- → Secretary of the Treasury
Key Definitions
Terms defined in this bill
an individual—(A)required to file a report under section 13103(c)
an individual— required to file a report under section 13103(c)
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology