text: SECTION 1. DISCLOSURE FOR CHARITY EMPLOYEES AND BOARD MEMBERS 
                PREVIOUSLY IMPLICATED IN TERROR FINANCE.
  
      (a) Application for Exemption.--Section 501 of the Internal Revenue 
  Code of 1986 is amended by adding at the end the following:
      ``(s) Disclosure for Charity Employees and Board Members Previously 
  Implicated in Terror Finance.--
              ``(1) In general.--An application of an organization for 
          exemption from tax under subsection (a) shall not be treated as 
          complete unless the application contains--
                      ``(A) the disclosures required by paragraph (2), or
                      ``(B) a statement that no officer, director, 
                  trustee, or highly compensated employee of the 
                  organization (or an individual having powers or 
                  responsibilities similar to those of officers, 
                  directors, trustees, or highly compensated employees of 
                  the organization) is described in subparagraph (A), 
                  (B), or (C) of paragraph (2).
              ``(2) Required disclosures.--The disclosures required by 
          this paragraph are the names and addresses of any officer, 
          director, trustee, or highly compensated employee of the 
          organization who, at any time before the date of the 
          application--
                      ``(A) was a member or employee of an organization 
                  described in paragraph (3),
                      ``(B) was an unindicted coconspirator with respect 
                  to a terror finance scheme of an organization described 
                  in paragraph (3), or
                      ``(C) was an employee of any charity found liable 
                  under section 2333 of title 18, United States Code.
              ``(3) Organization described.--An organization is described 
          in this paragraph if--
                      ``(A) the organization is named on the Designated 
                  Charities and Potential Fundraising Front Organizations 
                  for FTOs list, published by the Department of the 
                  Treasury, or
                      ``(B) the organization's property is blocked 
                  pending investigation by the Office of Foreign Assets 
                  Control, Department of the Treasury.''.
      (b) Annual Reporting.--Section 6033 of such Code is amended by 
  redesignating subsection (n) as subsection (o) and by inserting after 
  subsection (m) the following:
      ``(s) Disclosure for Charity Employees and Board Members Previously 
  Implicated in Terror Finance.--
              ``(1) In general.--The annual return required of an 
          organization by subsection (a) shall not be treated as complete 
          unless the return contains--
                      ``(A) the disclosures required by paragraph (2), or
                      ``(B) a statement that no officer, director, 
                  trustee, or highly compensated employee of the 
                  organization (or an individual having powers or 
                  responsibilities similar to those of officers, 
                  directors, trustees, or highly compensated employees of 
                  the organization) is described in subparagraph (A), 
                  (B), or (C) of paragraph (2).
              ``(2) Required disclosures.--The disclosures required by 
          this paragraph are the names and addresses of any officer, 
          director, trustee, or highly compensated employee of the 
          organization who, at any time before the date of the 
          application--
                      ``(A) was a member or employee of an organization 
                  described in paragraph (3),
                      ``(B) was an unindicted coconspirator with respect 
                  to a terror finance scheme of an organization described 
                  in paragraph (3), or
                      ``(C) was an employee of any charity found liable 
                  under section 2333 of title 18, United States Code.
              ``(3) Organization described.--An organization is described 
          in this paragraph if--
                      ``(A) the organization is described in section 
                  501(c) and exempt from tax under section 501(a),
                      ``(B) the organization is named on the Designated 
                  Charities and Potential Fundraising Front Organizations 
                  for FTOs list, published by the Department of the 
                  Treasury, or
                      ``(C) the organization's property is blocked 
                  pending investigation by the Office of Foreign Assets 
                  Control, Department of the Treasury.''.
      (c) Effective Date.--
              (1) The amendment made by subsection (a) shall apply to 
          applications filed after the date of the enactment of this Act.
              (2) The amendment made by subsection (b) shall apply to 
          returns filed for taxable years beginning after the date of the 
          enactment of this Act.
target: This bill amends the Internal Revenue Code to require tax-exempt organizations to disclose details regarding employees and board members involved in terror finance activities.  An organization applying for tax-exempt status must disclose in its application the names and addresses of any officer, director, trustee, or highly compensated employee who, at any time prior to the date of the application, was:   a member or employee of an organization: (1) named on the Department of the Treasury's Designated Charities and Potential Fundraising Front Organizations for FTOs (Foreign Terrorist Organizations) list, or (2) with property that has been blocked pending investigation by Treasury's Office of Foreign Assets Control;   an unindicted coconspirator with respect to a terror finance scheme of an organization described above, or   an employee of any charity found liable for civil damages due to an act of international terrorism.   In lieu of the disclosure, the organization may include a statement indicating that no officer, director, trustee, or highly compensated employee of the organization (or individual with similar powers and responsibilities) meets the criteria described above.  Tax-exempt organizations must also include either the required disclosure or the statement in annual tax returns filed after the enactment of this bill. 
feat_title: To amend the Internal Revenue Code of 1986 to provide for disclosure for charity employees and board members previously implicated in terror finance.