,,ii #aadth ,,congress #b;d ,session ,s4 #bigi ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #be1 #bjaf ,mr4 ,wyden 7for himself1 ,mr4 ,bennet1 and ,ms4 ,warren7 introduced the following bill2 which was read twice and referred to the ,committee on ,rules and ,administration ,a ,,bill ,to amend the ,federal ,election ,campaign ,act of #aiga to require candidates of major parties for the office of ,president to disclose recent tax return information4 #a4 ,short title ,this ,act may be cited as the ,presidential ,tax ,transparency ,act4 #b4 ,disclosure of recent tax returns of certain presidential candidates 7a7 ,in general ,section #cjd of the ,federal ,election ,campaign ,act of #aiga 7#eb ,u4,s4,c4 #cjajd7 is amended by adding at the end the following new subsection3 7j7 ,disclosure of tax returns of certain presidential candidates 7#a7 ,in general ,not later than #ae days after the nomination of any candidate of a major party for the office of ,president1 such candidate shall file with the ,commission a copy of the income tax returns of such candidate for the #c most recent taxable years for which such a return has been filed with the ,internal ,revenue ,service as of the date of the nomination4 7#b7 ,procedure if no information filed ,in any case in which the candidate of a major party for the office of ,president has not filed with the ,commission the income tax returns described in paragraph 7#a7 before the date which is #cj days after the date such candidate is nominated1 the ,chairman of the ,commission shall request the ,secretary of the ,treasury to provide such returns4 7#c7 ,returns made public ,a tax return provided to the ,commission by a candidate under paragraph 7#a7 or by the ,secretary of the ,treasury pursuant to paragraph 7#b7 shall be treated in the same manner as a report filed by the candidate and1 except as provided in paragraph 7#d71 shall be made publicly available at the same time and in the same manner as other reports and statements under this section4 7#d7 ,redaction of certain information ,before making any return described in paragraph 7#a7 or 7#b7 available to the public1 the ,commission shall redact such information as the ,commission1 in consultation with the ,secretary of the ,treasury 7or the ,secretary's delegate71 determines appropriate4 7#e7 ,definitions ,for purposes of this subsection3 7,a7 ,major party ,the term major party has the meaning given such term by section #ijjb7f7 of the ,internal ,revenue ,code of #aihf4 7,b7 ,income tax return ,the term income tax return means any return 7as defined in section #fajc7;b77#a7 of the ,internal ,revenue ,code of #aihf7 relating to ,federal income taxes4 4 7b7 ,authority ,to disclose information 7#a7 ,in general ,section #fajc7l7 of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new paragraph3 7#bc7 ,disclosure of return information of certain presidential candidates by ,federal ,election ,commission 7,a7 ,in general ,the ,federal ,election ,commission may disclose to the public the applicable returns of any person who has been nominated as a candidate of a major party 7as defined in section #ijjb7f77 for the office of ,president4 7,b7 ,disclosure to ,,fec in cases where candidate does not provide returns ,the ,secretary shall1 upon written request from the ,chairman of the ,federal ,election ,commission pursuant to section #cjd7;j77#b7 of the ,federal ,election ,campaign ,act of #aiga1 provide to officers and employees of the ,federal ,election ,commission copies of the applicable returns of any person who has been nominated as a candidate of a major party 7as defined in section #ijjb7f77 for the office of ,president4 7,c7 ,applicable returns ,for purposes of this paragraph1 the term applicable returns means1 with respect to any candidate for the office of ,president1 income tax returns for the #c most recent taxable years for which a return has been filed as of the date of the nomination4 4 7#b7 ,conforming amendments ,section #fajc7p77#d7 of such ,code1 in the matter preceding subparagraph 7,a7 and in subparagraph 7,f77ii71 is amended by striking or 7#bb7 and inserting 7#bb71 or 7#bc7 each place it appears4 7c7 ,effective date ,the amendments made by this section shall take effect on the date of the enactment of this ,act4