0
0
0
Tax Transparency Act of 2023
12/15/2023, 3:56 PM
Summary of Bill HR 2515
Bill 118 HR 2515, also known as the Tax Transparency Act of 2023, aims to increase transparency in the tax system by requiring certain tax information to be publicly disclosed. The bill requires the Internal Revenue Service (IRS) to publish a report each year that includes information on the total amount of taxes paid by corporations, individuals, and other entities.
Additionally, the bill requires the IRS to disclose information on tax breaks and loopholes that are utilized by taxpayers to reduce their tax liability. This information will be made available to the public in an effort to increase understanding of the tax system and promote accountability.
Furthermore, the Tax Transparency Act of 2023 includes provisions to improve tax compliance and enforcement. The bill authorizes the IRS to hire additional staff and resources to better enforce tax laws and crack down on tax evasion. Overall, the Tax Transparency Act of 2023 aims to increase transparency in the tax system, promote accountability, and improve tax compliance and enforcement. It is designed to provide the public with more information about how taxes are paid and collected, and to ensure that all taxpayers are paying their fair share.
Additionally, the bill requires the IRS to disclose information on tax breaks and loopholes that are utilized by taxpayers to reduce their tax liability. This information will be made available to the public in an effort to increase understanding of the tax system and promote accountability.
Furthermore, the Tax Transparency Act of 2023 includes provisions to improve tax compliance and enforcement. The bill authorizes the IRS to hire additional staff and resources to better enforce tax laws and crack down on tax evasion. Overall, the Tax Transparency Act of 2023 aims to increase transparency in the tax system, promote accountability, and improve tax compliance and enforcement. It is designed to provide the public with more information about how taxes are paid and collected, and to ensure that all taxpayers are paying their fair share.
Congressional Summary of HR 2515
Tax Transparency Act of 2023
This bill requires the President, the Vice President, Members of Congress, and candidates for such offices to publicly disclose their individual tax returns for the previous seven years.
Read the Full Bill
Current Status of Bill HR 2515
Bill HR 2515 is currently in the status of Bill Introduced since April 6, 2023. Bill HR 2515 was introduced during Congress 118 and was introduced to the House on April 6, 2023. Bill HR 2515's most recent activity was Referred to the House Committee on Ways and Means. as of April 6, 2023
Bipartisan Support of Bill HR 2515
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2515
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 2515
Tax Transparency Act of 2023
Tax Transparency Act of 2023
To amend the Internal Revenue Code of 1986 to require public disclosure of individual tax returns of the President, the Vice President, and Members of Congress, and candidates for such offices.
Comments
Sponsors and Cosponsors of HR 2515
Latest Bills
Stop Secret Spending Act of 2025
Bill HR 2069August 11, 2026
National Defense Authorization Act for Fiscal Year 2027
Bill HR 8800August 11, 2026
Youth Poisoning Protection Act
Bill S 289August 11, 2026
Strengthening the Rule of Law in the Brazilian Amazon Act
Bill S 2578August 11, 2026
PEACE in Sudan Act
Bill S 4726August 11, 2026
Arctic Security and Diplomacy Act
Bill S 4708August 11, 2026
Eliminate PRC Organized Crime Act
Bill S 4723August 11, 2026
American Decade of Sports Act
Bill S 3676August 11, 2026
UNLOCK AUKUS Act
Bill S 4709August 11, 2026
Reassessing the United States-Tanzania Bilateral Relationship Act
Bill S 4577August 11, 2026
