PUBLIC LAW 107-276—NOV. 2, 2002 116 STAT. 1933 SEC. 6. MODIFICATIONS TO SECTION 527 ORGANIZATION DISCLOSURE PROVISIONS. (a) UNSEGREGATED FUNDS NOT TO AVOID TAX. — Paragraph (4) of section 527(i) of the Internal Revenue Code of 1986 (relating 26 USC 527. to failure to notify) is amended by adding at the end the following new sentence: "For purposes of the preceding sentence, the term 'exempt function income' means any amount described in a subparagraph of subsection (c)(3), whether or not segregated for use for an exempt function.". (b) PROCEDURES FOR ASSESSMENT AND COLLECTION OF AMOUNTS. — Paragraph (1) of section 527(j) of the Internal Revenue Code of 1986 (relating to required disclosure of expenditures and contributions) is amended by adding at the end the following new sentence: "For purposes of subtitle F, the amount imposed by this paragraph shall be assessed and collected in the same manner as penalties imposed by section 6652(c).". (c) DUPLICATE WRITTEN FILINGS NOT REQUIRED.— Subparagraph (A) of section 527(i)(l) of the Internal Revenue Code of 1986 is amended by striking ", electronically and in writing," and inserting "electronically". (d) APPLICATION OF FRAUD PENALTY.—Section 7207 of the Internal Revenue Code of 1986 (relating to fraudulent returns, 26 USC 7207. statements, and other documents) is amended by striking "pursuant to subsection (b) of section 6047 or pursuant to subsection (d) of section 6104" and inserting "pursuant to section 6047(b), section 6104(d), or subsection (i) or (j) of section 527". (e) CONTENTS AND FILING OF REPORT.— (1) CONTENTS.— Section 527(j)(3) of the Internal Revenue Code of 1986 (relating to contents of report) is amended— (A) by inserting ", date, and purpose" after "The amount" in subparagraph (A), and (B) by inserting "and date" after "the amount" in subparagraph (B). (2) ELECTRONIC FILING.— Section 5270') of such Code is amended by adding at the end the following new paragraph: "(7) ELECTRONIC FILING. —Any report required under paragraph (2) with respect to any calendar year shall be filed in electronic form if the organization has, or has reason to expect to have, contributions exceeding $50,000 or expenditures exceeding $50,000 in such calendar year.". (3) ELECTRONIC FILING AND ACCESS OF REQUIRED DISCLO- SURES. —Section 527 of such Code, as amended by section 5(a), is amended by redesignating subsection (k) as subsection (1) and by inserting after subsection (j) the following new subsection: "(k) PUBLIC AVAILABILITY OF NOTICES AND REPORTS. — "(1) IN GENERAL.—The Secretary shall make any notice Deadline, described in subsection (i)(l) or report described in subsection (j)(7) available for public inspection on the Internet not later than 48 hours after such notice or report has been filed (in addition to such public availability as may be made under section 6104(d)(7)). "(2) ACCESS. — The Secretary shall make the entire database of notices and reports which are made available to the public under paragraph (1) searchable by the following items (to the extent the items are required to be included in the notices and reports):
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