Section 1. Short title
This Act may be cited as the Increased Transparency in 501(c)(4) Organizations Act of 2024.
(a) In general
Section 506 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection:
(g) Disclosure of notices and requests
Any notice under subsection (a), and any request under subsection (f), shall be treated for purposes of section 6104 as an application for exemption from taxation under section 501(a).
(b) Conforming amendment
Section 506(f) of such Code is amended by striking the last sentence thereof.
(c) Effective date
The amendments made by this section shall apply with respect to notices submitted after the date that is 6 months after the date of the enactment of this Act.