Put Zombie Donors to Rest Act

I 118TH CONGRESS 1ST SESSION H. R. 3636 To amend the Internal Revenue Code of 1986 to require that online credit card contributions to a political organization require a billing address and credit verification value. IN THE HOUSE OF REPRESENTATIVES MAY 24, 2023 Mr. GAETZ (for himself and Mr. BIGGS) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to require that online credit card contributions to a political organi- zation require a billing address and credit verification value. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Put Zombie Donors 4 to Rest Act’’. 5 VerDate Sep 11 2014 23:06 Jun 15, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H3636.IH H3636 pbinns on DSKJLVW7X2PROD with $$_JOB 2 •HR 3636 IH SEC. 2. REQUIREMENTS FOR ONLINE CREDIT CARD CON- 1 TRIBUTIONS TO POLITICAL ORGANIZATIONS. 2 (a) IN GENERAL.—Section 527 of the Internal Rev- 3 enue Code of 1986 is amended by adding at the end the 4 following new subsection: 5 ‘‘(m) REQUIREMENTS FOR ONLINE CREDIT CARD 6 CONTRIBUTIONS.—An organization shall not be treated as 7 an organization described in this section unless, in the 8 case of any internet credit card contribution accepted by 9 such organization, the individual or entity making such 10 contribution is required, at the time such contribution is 11 made, to disclose the billing address, and the credit 12 verification value, of such credit card.’’. 13 (b) EFFECTIVE DATE.—The amendment made by 14 this section shall apply to contributions made in taxable 15 years beginning after the date of the enactment of this 16 Act. 17 Æ VerDate Sep 11 2014 23:06 Jun 15, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H3636.IH H3636 pbinns on DSKJLVW7X2PROD with $$_JOB