,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #bgc  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #h1 #bjai ,ms4
 ,e%oo 7= h]self & ,mr4 ,pascrell7      
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means1 & 9    
addition to ! ,committee on ,h\se       
,adm9i/ration1 = 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         
,presid5tial & ,vice ,presid5tial tax   
transp>5cy1 & = o!r purposes4  #a4 ,%ort
 title ,?is ,act may be cit$ z !        
,presid5tial ,tax ,transp>5cy ,act (    
#bjai4  #b4 ,presid5tial & ,vice        
,presid5tial tax transp>5cy  7a7        
,def9itions ,9 ?is section--  7#a7 ,!   
t]m cov]$ c&idate means a c&idate ( a   
major p>ty 9 a g5]al election = ! (fice 
( ,presid5t or ,vice ,presid5t4  7#b7 ,!
 t]m major p>ty has ! mean+ giv5 ! t]m 9
 section #ijjb ( ! ,int]nal ,rev5ue     
,code ( #aihf4  7#c7 ,! t]m income tax  

return means1 ) respect to an           
individual1 any return 7z su* t]m is    
def9$ 9 section #fajc7;b77#a7 ( !       
,int]nal ,rev5ue ,code ( #aihf7 ( su*   
individual o!r ?an-- 7,a7 in=mation     
returns issu$ to p]sons o!r ?an su*     
individual1 &  7,b7 decl>ations (       
e/imat$ tax4  7#d7 ,! t]m ,secret>y     
means ! ,secret>y ( ! ,treasury or !    
delegate ( ! ,secret>y4  7b7 ,disclosure
  7#a7 ,9 g5]al  7,a7 ,c&idates =       
,presid5t & ,vice ,presid5t ,n lat] ?an 
! date t is #ae days aft] ! date on :i* 
an individual becomes a cov]$ c&idate1 !
 individual %all submit to ! ,f$]al     
,election ,commission a copy ( !        
individual's income tax returns = ! #aj 
mo/ rec5t taxable ye>s = :i* a return   
has be5 fil$ ) ! ,int]nal ,rev5ue       
,s]vice4  7,b7 ,presid5t & ,vice        
,presid5t ,) respect to ea* taxable ye> 
= an individual :o is ! ,presid5t or    
,vice ,presid5t1 n lat] ?an ! due date =
 ! return ( tax = ! taxable ye>1 su*    
individual %all submit to ! ,f$]al      

,election ,commission a copy ( !        
individual's income tax returns = !     
taxable ye> & = ! #i prec$+ taxable     
ye>s4  7,c7 ,transition rule = sitt+    
,presid5ts & ,vice ,presid5ts ,n lat]   
?an ! date t is #cj days aft] ! date (  
enactm5t ( ?is section1 an individual :o
 is ! ,presid5t or ,vice ,presid5t on   
su* date ( enactm5t %all submit to !    
,f$]al ,election ,commission a copy ( ! 
income tax returns = ! #aj mo/ rec5t    
taxable ye>s = :i* a return has be5 fil$
 ) ! ,int]nal ,rev5ue ,s]vice4  7#b7    
,failure to disclose ,if any requirem5t 
"u p>agraph 7#a7 to submit an income tax
 return is n met1 ! *airman ( ! ,f$]al  
,election ,commission %all submit to !  
,secret>y a writt5 reque/ t ! ,secret>y 
provide ! ,f$]al ,election ,commission )
 ! income tax return4  7#c7 ,publicly   
available ,! *airman ( ! ,f$]al         
,election ,commission %all make publicly
 available ea* income tax return        
submitt$ "u p>agraph 7#a7 9 ! same mann]
 z a return provid$ "u section          

#fajc7l77#bc7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf 7z add$ by ?is section74  7#d7 
,treatm5t z a report "u ! ,f$]al        
,election ,campaign ,act ( #aiga ,=     
purposes ( ! ,f$]al ,election ,campaign 
,act ( #aiga1 any income tax return     
submitt$ "u p>agraph 7#a7 or provid$ "u 
section #fajc7l77#bc7 ( ! ,int]nal      
,rev5ue ,code ( #aihf 7z add$ by ?is    
section7 %all1 aft] r$action "u p>agraph
 7#c7 or subp>agraph 7,b77ii7 ( su*     
section1 be treat$ z a report fil$ "u ! 
,f$]al ,election ,campaign ,act ( #aiga4
  7c7 ,disclosure ( returns ( ,presid5ts
 & ,vice ,presid5ts & c]ta9 c&idates =  
,presid5t & ,vice ,presid5t  7#a7 ,9    
g5]al ,section #fajc7l7 ( ! ,int]nal    
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new p>agraph3  7#bc7  
,disclosure ( return in=mation (        
,presid5ts & ,vice ,presid5ts & c]ta9   
c&idates = ,presid5t & ,vice ,presid5t  
7,a7 ,9 g5]al ,^u writt5 reque/ by !    
*airman ( ! ,f$]al ,election ,commission
 "u section #a7;b77#b7 ( ! ,presid5tial 

,tax ,transp>5cy ,act ( #bjai1 !        
,secret>y %all provide copies ( any     
return :i* is s reque/$ to (fic]s &     
employees ( ! ,f$]al ,election          
,commission ^: (ficial duties include   
disclosure or r$action ( su* return "u  
?is p>agraph4  7,b7 ,disclosure to !    
public  7i7 ,9 g5]al ,! *airman ( !     
,f$]al ,election ,commission %all make  
publicly available any return :i* is    
provid$ "u subp>agraph 7,a74  7ii7      
,r$action ( c]ta9 in=mation ,be=e mak+  
publicly available "u clause 7i7 any    
return1 ! *airman ( ! ,f$]al ,election  
,commission %all r$act su* in=mation z !
 ,f$]al ,election ,commission & !       
,secret>y jo9tly det]m9e is necess>y =  
protect+ aga9/ id5tity !ft1 su* z social
 security numb]s4  4  7#b7 ,con=m+      
am5dm5ts ,section #fajc7p77#d7 ( su*    
,code is am5d$-- 7,a7 9 ! matt] prec$+  
subp>agraph 7,a7 by /rik+ or 7#bb7 &    
ins]t+ 7#bb71 or 7#bc71 &  7,b7 9       
subp>agraph 7,f77ii7 by /rik+ or 7#bb7 &
 ins]t+ 7#bb71 or 7#bc74  7#c7          

,effective date ,! am5dm5ts made by ?is 
subsection %all apply to disclosures    
made on or aft] ! date ( enactm5t ( ?is 
,act4