A bill to amend the Internal Revenue Code of 1954 relating to maximum credit for contributions to candidates for public office.

[AI summary unavailable — showing source text] Increases, under the Internal Revenue Code, the maximum credit allowable for contributions to candidates for public office. Increases (1) the credit amount to $25 on individual returns and $50 on joint returns (formerly $12.50 and $25); and (2) the deduction amount to $100 on individual returns and $200 on joint returns (formerly $50 and $100). (Amends 26 U.S.C. 41(b)(1) and 218(b)(1))…