An organization founded by billionaire conservative activists David Koch (pictured) and his brother Charles supports new legislation making it harder to track election spending by the nonprofit groups they fund.
Republicans in Congress are trying to decrease the already scant amount of disclosure for politically-active nonprofits — known as dark money groups. The legislative effort is unsurprisingly supported by the main political arm of the billionaire brothers Charles and David Koch.
Rep. Peter Roskam (R-Ill.) is expected to introduce a bill in the Ways & Means Committee that would eliminate the requirement for nonprofits to make a non-public disclosure of their donors to the IRS when they file their annual tax forms. The donor disclosures — known as the Schedule B report — are not released to the public, but the list of donation amounts with the donor names redacted are released.
The bill is supported by Freedom Partners Chamber of Commerce, the dark money donor hub run by the Koch brothers. The Kochs operate a vast political empire that mostly operates through nonprofit organizations that do not disclose their donations.
Source – HuffPost: Koch Brothers Back New Effort To Make It Harder To Track Dark Money