Crack Down on Dark Money Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 8175 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 8175 To amend the Internal Revenue Code of 1986 to prohibit 501(c)(4) entities from using more than 10 percent of total expenditures on certain political expenditures, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 30, 2024 Mr. Golden of Maine 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 prohibit 501(c)(4) entities from using more than 10 percent of total expenditures on certain political expenditures, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Crack Down on Dark Money Act''. SEC. 2. LIMITATION ON COVERED POLITICAL EXPENDITURES BY SOCIAL WELFARE ORGANIZATIONS. (a) In General.--Section 501(c)(4) of the Internal Revenue Code of 198…