Section 1 Short title
This Act may be cited as the “501(c)(4) Reform Act of 2013”.
501(c)(4) Reform Act of 2013
A BILL
To amend the Internal Revenue Code of 1986 to prohibit 501(c)(4) entities from participating in, or intervening in (including the publishing or distributing of statements), any political campaign.
Sec. 2 501(c)(4) entities prohibited from participating in, or intervening in (including the publishing or distributing of statements), political campaigns
In general— Subparagraph (A) of section 501(c)(4) of the Internal Revenue Code of 1986 is amended by inserting before the period at the end the following: “and which does not participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of (or in opposition to) any candidate for public office.”.
Effective date— The amendment made by subsection (a) shall apply to taxable years beginning after the date of the enactment of this Act.