End Dark Money Act

Referred to the House Committee on Ways and Means.

Bill 119 hr 2498, also known as the "Transparency in Political Activity of Nonprofit Organizations Act," aims to repeal a restriction on the Internal Revenue Service (IRS) that limits its ability to use funds to monitor and disclose the political activities of certain nonprofit organizations.

The bill seeks to bring more transparency to the political activities of these organizations, which are often involved in lobbying and other forms of political advocacy. By repealing the restriction on the IRS, the bill would allow the agency to more effectively monitor and disclose the political activities of these nonprofits, providing the public with more information about their influence on the political process.

Supporters of the bill argue that increased transparency is essential for maintaining the integrity of the political system and ensuring that the public is informed about the sources of funding behind political campaigns and advocacy efforts. Critics, however, raise concerns about potential government overreach and infringement on the rights of nonprofit organizations to engage in political activities without undue scrutiny. Overall, the passage of Bill 119 hr 2498 would represent a significant step towards greater transparency in the political activities of nonprofit organizations, but it also raises important questions about the balance between transparency and privacy rights.