A bill to require Presidential primaries to be held within a shortened period by amending the Internal Revenue Code of 1954 to deny Presidential nominating convention payments to political parties which permit delegates selected by Presidential primary elections held at some other time to participate in such conventions.

Provides that, under the Internal Revenue Code, a delegate selection Presidential primary election which is provided for by law as of October 17, 1975, shall be held on the first election Tuesday on or following the date on which it would have been held under such law as in effect on October 17, 1975.

Provides that in the case of a delegate selection Presidential primary election which is not provided for by law as of October 17, 1975, such an election shall be held on an election Tuesday.