A bill to amend the Internal Revenue Code of 1954 to prevent political misuse of the Internal Revenue Service, to restrict the access of Federal and State agencies to confidential tax information.

[AI summary unavailable — showing source text] Provides, under the Internal Revenue Code, that whoever initiates, attempts to initiate, or threatens to initiate an income tax audit, investigation, or prosecution in a discriminatory manner (1) on account of reasons other than enforcement; or (2) on account of race, creed, or color, or any political activity, shall be fined up $10,000 or imprisoned up to five years or both. Provides for an audit by the Comptroller General of the operations of the Internal Revenue Service for the Committee on Finance and the Committee on Ways and Means. Specifies the subject matter of such investigations and requires their annual reporting to the committees. Increases the criminal penalties for the unauthorized disclosure of confidential tax information. Imposes new civil penalties for the unauthorized disclosure of such information. Provides that all returns are confidential records, enumerating specifically those persons for whom inspection of returns is authorized. Requires a written request by the President prior to the inspection of any returns by employees of the White House Office. Requires the filing of a semi-annual report to the Joint Committee on Internal Revenue Taxation listing the re…