President-Elect Release of Tax Return Act of 2017

President-Elect Release of Tax Return Act of 2017

This bill requires the President-elect to submit a copy of each federal income tax return filed with the Internal Revenue Service (IRS) for the four most recent taxable years to the chairs and ranking minority members of: (1) the House Administration Committee, and (2) the Senate Rules Committee. The returns must be submitted no later than the date of the meeting of the Senate and House of Representatives to count the electoral votes for President and Vice President.

The bill amends the Internal Revenue Code to permit the IRS to disclose the required tax returns to the chairs and ranking minority members of the two congressional committees if the President-elect does not submit the returns by the deadline.

The President-elect may redact from the returns any: (1) Social Security number, (2) taxpayer identification number, (3) account identification number, and (4) name of any dependent of the taxpayer. The IRS must make the redactions if it discloses the returns.

The chairs and ranking members of the two committees may disclose any information contained in a tax return submitted pursuant to this bill.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1938 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 1938

  To require the President-elect to submit copies to the Committee on 
House Administration of the House of Representatives and the Committee 
  on Rules and Administration of the Senate of the Federal income tax 
   returns filed for the 4 most recent taxable years, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 5, 2017

 Mr. Garrett introduced the following bill; which was referred to the 
   Committee on Ways and Means, and in addition to the Committee on 
   Oversight and Government Reform, for a period to be subsequently 
   determined by the Speaker, in each case for consideration of such 
 provisions as fall within the jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL


 
  To require the President-elect to submit copies to the Committee on 
House Administration of the House of Representatives and the Committee 
  on Rules and Administration of the Senate of the Federal income tax 
   returns filed for the 4 most recent taxable years, 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 ``President-Elect Release of Tax 
Return Act of 2017''.

SEC. 2. REQUIRING PRESIDENT-ELECT TO SUBMIT COPIES OF INCOME TAX 
              RETURNS TO COMMITTEES OF CONGRESS.

    (a) Submission.--The President-elect shall submit a copy of each 
Federal income tax return filed by such individual with the Internal 
Revenue Service for the 4 most recent taxable years to--
            (1) the chair and ranking minority member of the Committee 
        on House Administration of the House of Representatives; and
            (2) the chair and ranking minority member of the Committee 
        on Rules and Administration of the Senate.
    (b) Permitted Redactions.--The President-elect may redact from the 
copy of any Federal income tax return submitted under this section any 
of the following:
            (1) Any Social Security number of any individual.
            (2) Any taxpayer identification number of any person.
            (3) Any account identification number.
            (4) Any name of any dependent of the taxpayer.
    (c) Deadline.--The President-elect shall submit the information 
required under this section not later than the date of the meeting of 
the Senate and House of Representatives held pursuant to section 15 of 
title 3, United States Code, to count the electoral votes for President 
and Vice President.

SEC. 3. ALTERNATIVE DISCLOSURE OF RETURNS BY SECRETARY OF THE TREASURY; 
              PERMITTING DISCLOSURE OF INFORMATION BY COMMITTEES.

    Section 6103(l) of the Internal Revenue Code of 1986 is amended by 
adding at the end the following new paragraph:
            ``(23) Disclosure of tax returns of president-elect 
        candidates.--
                    ``(A) Disclosure to committees of congress if 
                candidate does not meet disclosure requirements.--If 
                the President-elect does not submit a copy of a Federal 
                income tax return to the chairs and ranking minority 
                members of the Committees on House Administration of 
                the House of Representatives and Rules and 
                Administration of the Senate, as required under section 
                2 of the President-Elect Release of Tax Return Act of 
                2017, by the date specified in subsection (c) of such 
                section (or if any such return so submitted is 
                incomplete or inaccurate), the Secretary shall disclose 
                such return to the chairs and ranking minority members 
                of such Committees not later than 10 days after such 
                date.
                    ``(B) Redactions.--The Secretary shall redact the 
                information described in paragraphs (1) through (4) of 
                subsection (b) of section 2 of the President-Elect 
                Release of Tax Return Act of 2017 with respect to a 
                Federal income tax return of the President-elect before 
                disclosing the return under subparagraph (A).
                    ``(C) Public disclosure of information.--The chairs 
                and ranking minority members of the Committees referred 
                to in subparagraph (A) may disclose any information 
                contained in a return submitted by the President-elect 
                under section 2 of the President-Elect Release of Tax 
                Return Act of 2017 or disclosed by the Secretary under 
                subparagraph (A).''.
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