II 115th CONGRESS 2d Session S. 3450 IN THE SENATE OF THE UNITED STATES September 17, 2018 Mr. Sasse introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to require public disclosure of individual tax returns of candidates for President and Vice President of the United States.

1. Short title This Act may be cited as the Presidential Tax Transparency Act . 2. Disclosure of returns and return information of candidates for President and Vice President of the United States (a) In general Subsection (k) of section 6103 of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: (13) Disclosure of returns and return information of candidates for President and Vice President of the United States (A) In general The Secretary shall disclose and make publicly available returns and return information, except as provided in subparagraphs (B) and (C), of any candidate (as defined in section 9002(2)). (B) Exceptions The information disclosed under subparagraph (A) shall not include the social security number of any individual, any financial account number, the name of any individual under age 18, or any home address of any individual (other than the city and State in which such address is located). (C) Scope Subparagraph (A) shall apply to any return, and return information included on any return, which is filed within the 10 taxable years preceding the year in which the individual becomes a candidate (as so defined). . (b) Effective date The amendment made by this section shall apply to individuals becoming a candidate (within the meaning of section 9002(2) of the Internal Revenue Code of 1986) after the date of the enactment of this Act.