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
This bill, 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., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Finance, Social Welfare.
Who Benefits and How
federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section S1: 1. Short title This Act may be cited as the Presidential Audit and Tax Transparency Act.
- Section H552989F4D92540AFBD25A4F47E1CB32F: 2. Examination and disclosure with respect to Presidential income tax returns Subchapter A of chapter 78 of the Internal Revenue Code of 1986 is amended by...
- Section H9710BDF1D2FE437182F5AE3F3E708431: 7613. Examination with respect to Presidential income tax returns As rapidly as practicable after the filing of any Presidential income tax return, the...
- Section id96BA37441F7C4836BFFC9ED3F21AAB3A: 3. Additional disclosure of tax returns by Presidents and certain Presidential candidates Chapter 131 of title 5, United States Code, is amended— by inserting...
- Section idEF75742302BE4A77B4812CC82CB94704: 13104A. Disclosure of tax returns In this section: The term applicable income tax return means, with respect to any taxable year, any return (within the...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, 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., changes federal law or congressional policy affecting federal agencies and legislative administrators.
Key Policy Areas
Government Operations, Finance, Social Welfare
Primary Purpose
This bill, 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., changes federal law or congressional policy affecting federal agencies and legislative administrators.
Policy Domains
Whole bill
Identified Gains
- federal agencies and legislative administrators
Identified Costs
- federal implementing agencies
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