PUBLIC LAW 107-276—NOV. 2, 2002 116 STAT. 1931 "(ii) solicits contributions to the organization (unless the Secretary determines that such solicitations resulted in de minimis contributions and were made without the prior knowledge and consent, whether explicit or implicit, of the organization or its officers, directors, agents, or employees), or "(iii) directs, in whole or in part, disbursements by the organization.". (c) EFFECTIVE DATE.—The amendments made by this section 26 USC 527 note. shall take effect as if included in the amendments made by Public Law 106-230. SEC. 3. EXEMPTION FROM ANNUAL RETURN REQUIREMENTS. (a) INCOME TAX RETURNS REQUIRED ONLY FOR POLITICAL ORGANIZATION TAXABLE INCOME. —Paragraph (6) of section 6012(a) of the Internal Revenue Code of 1986 (relating to persons required 26 USC 6012. to make returns of income) is amended by striking "or which has" and all that follows through "section)". (b) INCOME TAX RETURNS NOT SUBJECT TO DISCLOSURE.— (1) DISCLOSURE BY THE SECRETARY.—Subsection (b) of section 6104 of such Code (relating to disclosure by the Secretary 26 USC 6104. of annual information returns) is amended by striking " 6 012(a)(6),". (2) PUBLIC INSPECTION.— Subsection (d) of section 6104 of such Code (relating to public inspection of certain annual returns) is amended— (A) in paragraph (l)(A)(i) by striking "or section 6012(a)(6) (relating to returns by political organizations)", and (B) in subparagraph (2) by striking "or section 6012(a)(6)". (c) INFORMATION RETURNS. —Subsection (g) of section 6033 of such Code (relating to returns required by political organizations) 26 USC 6033. is amended to read as follows: " (g) RETURNS REQUIRED BY POLITICAL ORGANIZATIONS. — "(1) IN GENERAL.— T his section shall apply to a political Applicability, organization (as defined by section 527(e)(1)) which has gross receipts of $25,000 or more for the taxable year. In the case of a political organization which is a qualified State or local political organization (as defined in section 527(e)(5)), the preceding sentence shall be applied by substituting '$100,000' for ' $25,000 '. " (2) ANNUAL RETURNS.—Political organizations described in paragraph (1) shall file an annual return— "(A) containing the information required, and complying with the other requirements, under subsection (a)(1) for organizations exempt from taxation under section 501(a), with such modifications as the Secretary considers appropriate to require only information which is necessary for the purposes of carrying out section 527, and "(B) containing such other information as the Secretary deems necessary to carry out the provisions of this subsection. "(3) MANDATORY EXCEPTIONS FROM FILING. —Paragraph (2) shall not apply to an organization— "(A) which is a State or local committee of a political party, or political committee of a State or local candidate,
�
