excess lobbying expenditures
Defined in 1 place of the United States Code.
For purposes of this section, the term "excess lobbying expenditures" means, for a taxable year, the greater of—
Source
- 1994–present26 U.S.C. § 4911Internal Revenue Code · Tax on excess expenditures to influence legislation · for purposes of this section
For purposes of this section, the term “excess lobbying expenditures” means, for a taxable year, the greater of—
(1) the amount by which the lobbying expenditures made by the organization during the taxable year exceed the lobbying nontaxable amount for such organization for such taxable year, or
(2) the amount by which the grass roots expenditures made by the organization during the taxable year exceed the grass roots nontaxable amount for such organization for such taxable year.
Source
- 201326 U.S.C. § 4911Internal Revenue Code · Tax on excess expenditures to influence legislation · for purposes of this section