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S. 491

BillFederalSenateIn Committee
To amend the Internal Revenue Code of 1986 to require that online contributions to a political organization require a credit verification value.
About This Bill
Committee
Latest Action · February 16, 2023
Read twice and referred to the Committee on Finance.
Congress
118th (2023–2025)
Introduced
February 16, 2023
Cosponsors (2)
0D 2R
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Summary

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Codification of Verified Values Act or the CVV Act This bill requires a contributor to political organizations who uses a credit card to make online contributions to such organizations to disclose the credit verification value of such credit card at the time a contribution is made. A credit verification value is a series of numbers on a credit card (usually on the back of the card) that provides additional security for a transaction by credit card.

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