S. 500 · 118th Congress
Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
ErnstSponsor1 cosponsor · 1 R
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023
What it does: CRS summary · Introduced in Senate · Feb 16, 2023
Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023
This bill terminates (1) the taxpayer election to designate $3 of income tax liability for financing of presidential election campaigns, (2) the Presidential Election Campaign Fund, and (3) the Presidential Primary Matching Payment Account. The Department of the Treasury must transfer funds remaining in the Presidential Election Campaign Fund to the treasury for the sole purpose of reducing the deficit.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023
Latest action (Feb 16, 2023): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Feb 16, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.