Reform groups sent a letter to the House urging Representatives to oppose H.R. 3865, legislation that “would prohibit the Treasury Department/IRS from adopting necessary revisions in the rules used to determine whether an organization is operating exclusively for the promotion of social welfare for purposes of tax code Section 501(c)(4).”
According to the letter:
The legislation would prevent the IRS from adopting regulations that are needed in order for the existing regulations to properly comply with the Internal Revenue Code and court decisions interpreting the Code.
The legislation would also mandate a one-year delay in the current rulemaking by the Treasury Department/Internal Revenue Service to modify regulations governing standards for “social welfare” organizations under section 501(c)(4) of the Internal Revenue Code.
Attachments: (1 total)
Letter to House 2 24 14 Size: 15 kB