Skip to contentSkip to Braille Studio

Library / Laws / 118th / hr / H.R. 3636 / Introduced in House

H.R. 3636 — Introduced in House

207 words · about 1 min to read

Download .txt All versions Braille ⠃⠗⠋ Print Cite

I 118th CONGRESS 1st Session H. R. 3636 IN THE HOUSE OF REPRESENTATIVES May 24, 2023Mr. Gaetz (for himself and Mr. Biggs) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to require that online credit card contributions to a political organization require a billing address and credit verification value. 1. Short title This Act may be cited as the Put Zombie Donors to Rest Act . 2. Requirements for online credit card contributions to political organizations (a) In general Section 527 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: (m) Requirements for online credit card contributions An organization shall not be treated as an organization described in this section unless, in the case of any internet credit card contribution accepted by such organization, the individual or entity making such contribution is required, at the time such contribution is made, to disclose the billing address, and the credit verification value, of such credit card. . (b) Effective date The amendment made by this section shall apply to contributions made in taxable years beginning after the date of the enactment of this Act.