It is my understanding that the nonprofits now, through the files that they have to disclose with IRS, are engaged in much more disclosure that the for-profit organizations, and I think what nonprofits are asking for, everything from the Heritage Foundation to the NAACP, is the ability to use the definitions and the formula that they already use to disclose their activities in IRS to comply with the intent of this bill.
Discussing nonprofit disclosure requirements during debate on related legislation.
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