H.R. 95 — To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions.

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.

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Legislative Actions

2013-01-03
Introduced in House
2013-01-03
Introduced in House
2013-01-03
Referred 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.
2013-01-03
Referred 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.
2013-12-12
Reported by the Committee on House Administration. H. Rept. 113-292, Part I.
2013-12-12
Reported by the Committee on House Administration. H. Rept. 113-292, Part I.

To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions.

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Summary

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Legislative Actions

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