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IRS Campaign Reporting Requirement
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IRS Campaign Reporting Requirement
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| Impact: |
Legislation was passed in 2000 requiring all candidates for electoral office, including those for state and local judiciary positions, to register and periodically report contributions and expenditures to the IRS. 2002 legislation eliminated the requirement for duplicate periodic reporting. The registration requirement, however, remains intact.
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| Summary: |
Congress passed the "Section 527 relief bill" (H.R. 5596) to amend the Internal Revenue Code (IRC) to exempt state and local political organizations of candidates and of political parties from specified notification requirements if they focus solely on state and local elections and do not have a federal candidate or officeholder playing "any material role in the organization or raising money for it".
- Sec. 2 of the bill exempts a "qualified State or local political organization" from providing information to the IRS if the organization is already reporting their activities to a state election board in accordance with state and local law. The legislation defines "qualified State or local political organization" as those that focus exclusively on state and local elections. This change is retroactive back to the original date of enactment of P.L. 106-230.
- Sec. 3 of the bill requires an annual income tax return from political organizations only with respect to a political organization's taxable income.
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| Position: |
No formal position
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| References:
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- "Section 527 relief bill" (P.L. 107-276)
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| Support
Materials:
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No additional materials
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National Center for State Courts
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Questions or Comments - email govrel@ncsc.dni.us
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