ADDITIONAL INFORMATION REQUIRED ON ANNUAL RETURNS OF SECTION 501(c)(3) ORGANIZATIONS.

SEC. 10703. ADDITIONAL INFORMATION REQUIRED ON ANNUAL RETURNS OF SECTION 501(c)(3) ORGANIZATIONS. (a) General Rule.— Subsection (b) of section 6033 (relating to certain organizations described in section 501(c)(3)) 128128 Copy read “503(c)(3))”. is amended by striking out “and” at the end of paragraph (7), by striking out the period at the end of paragraph (8) and inserting in lieu thereof a comma, and by inserting after paragraph (8) the following new paragraphs: 101 STAT. 1330–461 “(9) such other information with respect to direct or indirect transfers to, and other direct or indirect transactions and relationships with, other organizations described in section 501(c) (other than paragraph (3) thereof) or section 527 as the Secretary may require to prevent— “(A) diversion of funds from the organization’s exempt purpose, or “(B) misallocation of revenues or expenses, and “(10) such other information for purposes of carrying out the internal revenue laws as the Secretary may require.” (b) Effective Date.— The amendments made by subsection (a) shall apply to returns for years beginning after December 31, 1987.