HR 290 · 116th Congress · Taxation

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

Introduced 2019-01-08· Sponsored by Rep. Cole, Tom [R-OK-4]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: 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.(2019-01-08)

Plain Language Summary

[AI summary unavailable — showing source text] This bill terminates (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. The Department of the Treasury must transfer the funds remaining in the Presidential Election Campaign Fund to the 10-Year Pediatric Research Initiative Fund.…

Summarized by Claude AI · Non-partisan · For informational purposes only