Senate Bill 491 - CVV Act

Purpose and Summary

Chamber: Senate

Introduced date: 2023-02-16

Recent Activity

Read twice and referred to the Committee on Finance.

Alternative Names

CVV Act

CVV Act

Codification of Verified Values Act

A bill to amend the Internal Revenue Code of 1986 to require that online contributions to a political organization require a credit verification value.

Associated Legislation

Put Zombie Donors to Rest Act

Policy Areas

Taxation

Potential Impact

Sponsors and Supporters

Sen. Rubio, Marco [R-FL]

Cosponsors and Supporters

Sen. Blackburn, Marsha [R-TN]

Committees and Subcommittees

Finance Committee

Variations and Revisions

Put Zombie Donors to Rest Act

CVV Act

12/16/2023, 8:00 PM

Codification of Verified Values Act or the CVV Act

This bill requires a contributor to political organizations who uses a credit card to make online contributions to such organizations to disclose the credit verification ...

Congress
118

Number
S - 491

Introduced on
2023-02-16

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

2/16/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Codification of Verified Values Act or the CVV Act

This bill requires a contributor to political organizations who uses a credit card to make online contributions to such organizations to disclose the credit verification ...

Alternative Names
Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to require that online contributions to a political organization require a credit verification value.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary3/10/2023

Codification of Verified Values Act or the CVV Act

This bill requires a contributor to political organizations who uses a credit card to make online contributions to such organizations to disclose the credit verification ...


Latest Action2/16/2023
Read twice and referred to the Committee on Finance.