,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #ebig  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,july #cj1 #bjad ,ms4 
,titus introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,ways &       
,means1 & 9 addition to ! ,committee on 
! ,judici>y1 = a p]iod to be subsequ5tly
 det]m9$ by ! ,speak]1 9 ea* case =     
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$  ,a
 ,,bill  ,to improve transp>5cy 9 *>ity 
regulation4  #a4 ,%ort title ,?is ,act  
may be cit$ z ! ,/r5g!n+ ,*>ities ,?r\gh
 ,transp>5cy ,act ( #bjad4  #b4 ,m&atory
 electronic fil+ = annual returns (     
exempt organizations  7a7 ,9 g5]al      
,section #fjcc ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ by r$esignat+    
subsection 7n7 z subsection 7o7 & by    
ins]t+ aft] subsection 7m7 ! foll[+ new 
subsection3  7n7 ,m&atory electronic    
fil+ ,any organization requir$ to file a
 return "u ?is section %all file su*    
return 9 electronic =m4  4  7b7         
,effective date ,! am5dm5ts made by ?is 

section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  #c4 ,inspection ( electronically 
fil$ annual returns ( exempt            
organizations  7a7 ,9 g5]al ,subsection 
7b7 ( section #fajd ( ! ,int]nal ,rev5ue
 ,code ( #aihf is am5d$ by add+ at ! end
 ! foll[+3 ,any annual return requir$ to
 be fil$ electronically "u section      
#fjcc7m7 %all be made available by !    
,secret>y to ! public 9 ma*9e readable  
=mat z soon z practicable44  7b7        
,effective date ,! am5dm5ts made by ?is 
section %all apply to returns fil$ =    
taxable ye>s beg9n+ aft] ! date ( !     
enactm5t ( ?is ,act4  #d4 ,e/abli%m5t ( 
database li/+ *>ities & *>ity managem5t 
(ficials convict$ ( fraud  7a7 ,9 g5]al 
,^u reque/ by ! ,attorney ,g5]al1 a     
,/ate %all make available in=mation     
reg>d+ a *>ity or a *>ity managem5t     
(ficial t has be5 convict$ ( a fraud1   
!ft1 or a f9ancial (f5se4 ,beg9n+ n lat]
 ?an #a ye> aft] ! date ( enactm5t ( ?is
 ,act1 ! ,attorney ,g5]al %all e/abli% a

 database t li/s ea* su* *>ity or *>ity 
managem5t (ficial4 ,in=mation receiv$ "u
 ?is subsection %all be made available  
to ,/ate ,attorney ,g5]als = regulatory 
& law en=cem5t purposes4  7b7           
,def9itions ,9 ?is section3  7#a7 ,!    
t]ms *>ity1 *>ity managem5t (ficial1    
in=mation1 & f9ancial (f5ses h su*      
mean+s z ! ,attorney ,g5]al %all by rule
 e/abli%4  7#b7 ,! t]m ,/ate means any (
 ! sev]al ,/ates1 ! ,di/rict (          
,columbia1 ! ,commonweal? ( ,pu]to      
,rico1 ! ,commonweal? ( ! ,nor!rn       
,m>iana ,isl&s1 ,guam1 ! ,virg9 ,isl&s1 
,am]ican ,samoa1 & any o!r t]ritory or  
possession ( ! ,unit$ ,/ates4