The House Ways and Means Committee approved three bills Thursday it says are aimed at protecting taxpayers and children.
“Simply put, these proposals put the best interests of children and taxpayers first,” Chairman Kevin Brady (R-Texas) said.
The most controversial of the measures, which passed on a party-line vote, would generally ban the Internal Revenue Service from collecting the identities of donors to tax-exempt organizations.
Under current law, such organizations have to disclose to the IRS the identities of donors who give more than $5,000. The bill would prevent the IRS from requiring this disclosure, with the exception of donations of more than $5,000 from officers, directors and certain employees.
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