,,ii ,calendar ,no4 #fcc #aadth         
,,congress  #b;d ,session  ,s4 #ccdh    
,,in ,,the ,,senate ,,of ,,the ,,united 
,,states  ,september #ae1 #bjaf,mr4     
,wyden 7for himself1 ,mr4 ,bennet1 ,ms4 
,warren1 ,mrs4 ,boxer1 ,mr4 ,kaine1 ,ms4
 ,baldwin1 ,mr4 ,cardin1 ,mr4 ,murphy1  
and ,mr4 ,udall7 introduced the         
following bill2 which was read the first
 time  ,september #ai1 #bjaf,read the   
second time and placed on the calendar  
,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 ,each candidate of a major party
 for the office of ,president shall file
 with the ,commission1 not later than   
#ae days after such candidate is        
nominated1 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  7#f7

 ,special rule for #bjaf  7,a7 ,in      
general ,in the case of any candidate   
described in subparagraph 7,b7-- 7i7    
paragraph 7#a7 shall be applied by      
substituting #g days after the date of  
the enactment of this subsection for #ae
 days after such candidate is nominated1
 and  7ii7 paragraph 7#b7 shall be      
applied by substituting #aj days after  
the date of the enactment of this       
subsection for #cj days after the date  
such candidate is nominated4  7,b7      
,candidate described ,a candidate is    
described in this subparagraph if such  
candidate is the candidate of a major   
party for the office of ,president who--
  7i7 is nominated with respect to the  
regularly scheduled general election for
 the office of ,president held in       
,november #bjaf1 and  7ii7 was so       
nominated before the date of the        
enactment of this subsection4  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  ,september #ai1
 #bjaf,read the second time and placed  
on the calendar