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.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 3, 2013
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(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.
Cosponsors
Members who signed on, in the order they did.
Actions 3
Everything that happened, newest first.
- Dec 12, 2013Reported by the Committee on House Administration. H. Rept. 113-292, Part I.
- Jan 3, 2013Introduced in House
- Jan 3, 2013Referred to the Committee on Ways and Means, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jan 3, 2013Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.