H.R. 540: Presidential Tax Disclosure Act of 2017

115th Congress · introduced 2017-01-13 · Government Operations and Politics · Latest: Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

federal

Follow this bill, step by step

Where it came from: introduced 2017-01-13 · official record
Who proposed it: Rep. Cicilline, David N. [D-RI-1] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Presidential Tax Disclosure Act of 2017

Plain summary

Presidential Tax Disclosure Act of 201 7 This bill requires any individual holding the office of President to submit federal tax returns to the Office of Government Ethics (OGE). The individual must submit: (1) each return filed with the Internal Revenue Service (IRS) for any year ending while the individual is President, and (2) each return filed with the IRS for the three years before the individual assumed office. After receiving the returns, the OGE must: (1) make the returns publicly available on the Internet, and (2) submit the returns to specified congressional committees. No information may be redacted from the disclosed returns except for: (1) Social Security, tax identification, and account identification numbers; and (2) the names of any dependent of the taxpayer. The bill establishes civil and criminal penalties to enforce the disclosure requirements. It also amends the Internal Revenue Code to permit the IRS to disclose to the OGE any federal tax return that is required to be disclosed by this bill, but has not been submitted to the OGE within a specified deadline.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Presidential Tax Disclosure Act of 2017

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Cicilline, David N. [D-RI-1] · 28 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Suzanne Bonamici (D-OR), Donald S. Beyer, Jr. (D-VA), Dina Titus (D-NV), Katherine M. Clark (D-MA), Janice D. Schakowsky (D-IL), Ted Lieu (D-CA), Nydia M. Velázquez (D-NY), Marcy Kaptur (D-OH), Jerrold Nadler (D-NY), Dwight Evans (D-PA), Brendan F. Boyle (D-PA), Gregory W. Meeks (D-NY), John Garamendi (D-CA), Steve Cohen (D-TN), Zoe Lofgren (D-CA), Robin L. Kelly (D-IL), James P. McGovern (D-MA), Hakeem S. Jeffries (D-NY)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-115hr540.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/115/hr>

Record fed-us-cong115-hr540 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115