A Democratic bill with 7 Democratic cosponsors · See all 7 cosponsors
Last activity — Read twice and referred to the Committee on Finance.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill is called the End Tax Breaks for Dark Money Act. It was introduced in the Senate on September 30, 2026. The bill changes how the Internal Revenue Code of 1986 treats certain transfers of property. Specifically, it treats transfers of appreciated property to certain tax-exempt organizations the same way it treats transfers to political organizations. The text applies these new rules to transfers made after the date of the Act's enactment.
Yes
- Scored +7
Does this limit or expose the money behind campaigns?
By ending certain tax advantages for transferring appreciated property to 501(c)(4), (5), and (6) organizations, the bill targets dark money contributions in politics.
- Scored +6
Does this raise taxes on the highest earners?
The bill treats transfers of appreciated property to certain tax-exempt organizations the same as political organizations, increasing tax liabilities on such transfers often utilized by high-earning donors.
- Scored +3
Does this give the federal government more power?
The legislation broadens federal tax enforcement and reporting rules regarding property transfers to certain tax-exempt organizations.
The opposite
- Scored -5
Would high-income households be better off under this?
High-income households and donors lose a tax-advantaged method of transferring appreciated property to certain tax-exempt organizations.
- Scored -5
Would people with substantial wealth be better off under this?
High-net-worth individuals face increased tax burdens when transferring appreciated property to specified 501(c) organizations.
Who it would affect, and how
Potential Positive Impacts for People
- Section 2 updates the tax code so that certain tax-exempt organizations under paragraphs (4), (5), or (6) of section 501(c) are treated the same as political organizations when people transfer appreciated property to them. This might be seen as positive by folks who want to hold these specific tax-exempt groups to the same tax standards as political organizations.
Potential Negative Impacts for People
- The provided text does not contain any specific details identifying potential negative impacts or burdens for individuals or groups.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would high-income households be better off under this? — High-income households and donors lose a tax-advantaged method of transferring appreciated property to certain tax-exempt organizations. Would people with substantial wealth be better off under this? — High-net-worth individuals face increased tax burdens when transferring appreciated property to specified 501(c) organizations.
- Governance And Ideology
- Does this limit or expose the money behind campaigns? — By ending certain tax advantages for transferring appreciated property to 501(c)(4), (5), and (6) organizations, the bill targets dark money contributions in politics. Does this give the federal government more power? — The legislation broadens federal tax enforcement and reporting rules regarding property transfers to certain tax-exempt organizations.
- Economy And Finance
- Does this raise taxes on the highest earners? — The bill treats transfers of appreciated property to certain tax-exempt organizations the same as political organizations, increasing tax liabilities on such transfers often utilized by high-earning donors.
- 9/30/2026
- Read twice and referred to the Committee on Finance.
- 7 Cosponsors added.
- Introduced in Senate
3 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Tammy BaldwinDemocrat · Wisconsin
Catherine Cortez MastoDemocrat · Nevada
Jeff MerkleyDemocrat · Oregon
Brian SchatzDemocrat · Hawaii
Tina SmithDemocrat · Minnesota
Peter WelchDemocrat · Vermont
Elizabeth WarrenDemocrat · Massachusetts