Bill
Bill > HR359
US HR359
US HR359To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions.
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Amends the Internal Revenue Code to terminate: (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. Requires the Secretary of the Treasury to transfer all amounts in the Presidential Election Campaign Fund after its termination to the general fund of the Treasury, to be used only for deficit reduction.
Committee Categories
Budget and Finance
Sponsors (21)
W. Todd Akin (R),
Roscoe Bartlett (R),
Rob Bishop (R),
John Campbell (R),
Jason Chaffetz (R),
Tom Cole (R),
Renee Ellmers (R),
Virginia Foxx (R),
Cory Gardner (R),
Richard Hanna (R),
Doug Lamborn (R),
Bob Latta (R),
Frank Lucas (R),
Blaine Luetkemeyer (R),
Tom McClintock (R),
Candice Miller (R),
Alan Nunnelee (R),
Pete Olson (R),
Ron Paul (R),
Todd Rokita (R),
Joe Wilson (R),
Last Action
Cloture motion on the motion to proceed to the bill withdrawn by unanimous consent in Senate. (consideration: CR S1075) (on 03/01/2011)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...