Amends the Internal Revenue Code to allow an individual a tax credit equal to one-half of all political contributions and all newsletter fund contributions paid during the taxable year. Limits such credit to $100 ($200 for a joint return). Eliminates the Presidential Election Campaign Fund.
Introduced in House
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committee on House Oversight, 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.
Referred to the Committee on Ways and Means, and in addition to the Committee on House Oversight, 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.
Referred to the Committee on Ways and Means, and in addition to the Committee on House Oversight, 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.
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