Bill > S1931

This bill, the Empowering Citizens Act, proposes a number of reforms to the public financing system for presidential and congressional elections. The key provisions include: - Increasing the matching rate for small-dollar contributions to presidential candidates from 100% to 600%, with a cap of $300 million per candidate. - Requiring presidential candidates to participate in the public financing system in order to be eligible for general election funds. - Establishing a new public financing system for congressional candidates, providing them with matching funds for small-dollar contributions up to $2 million for House candidates and $10 million for Senate candidates. - Allowing political party committees to make unlimited coordinated expenditures on behalf of participating congressional candidates if the funds come from small-dollar contributions. - Expanding the Presidential Election Campaign Fund to provide public financing for congressional candidates. - Increasing the tax checkoff amount that individuals can designate to the Presidential Election Campaign Fund. The bill aims to empower citizens by increasing the role of small-dollar contributions in federal elections through an expanded public financing system.

Government Affairs

https://www.congress.gov/bill/115th-congress/senate-bill/1931/all-info