HR 412 · 114th Congress · Taxation
To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Reported by the Committee on House Administration. H. Rept. 114-362, Part I.(2015-12-03)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 412, a bill to reduce federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns
Mar 16, 2015As ordered reported by the Committee on House Administration on March 4, 2015
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office