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H.R. 95 · 113th Congress

To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election…

Full title

To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions.

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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

TCR ColeSponsor

No cosponsors.

Amends the Internal Revenue Code to terminate: (1) the taxpayer election to designate $3 of income tax liability to the Presidential Election Campaign Fund for taxable years beginning after December 31, 2011, (2) the Presidential Election Campaign Fund, and (3) the Presidential Primary Matching Payment Account.

What it does: CRS summary · Reported to House without amendment, Part I · Dec 12, 2013

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Amends the Internal Revenue Code to terminate: (1) the taxpayer election to designate $3 of income tax liability to the Presidential Election Campaign Fund for taxable years beginning after December 31, 2011, (2) the Presidential Election Campaign Fund, and (3) the Presidential Primary Matching Payment Account.

Directs that any amounts remaining in the Presidential Election Campaign Fund after its termination be transferred to the general fund of the Treasury to be used only for reducing the deficit.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions.

Latest action (Dec 12, 2013): Reported by the Committee on House Administration. H. Rept. 113-292, Part I.

Policy area: Taxation · Origin: House · Introduced: Jan 3, 2013

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.