S 39 · 95th Congress · Government Operations and Politics

A bill to terminate public financing of Presidential elections.

Introduced 1977-01-10· Sponsored by Sen. Weicker, Lowell P., Jr. [R-CT]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1977-01-10)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to terminate Federal financing of Presidential elections. Allows the Federal Election Commission or the Secretary of the Treasury to continue to require repayments from candidates. Provides that amounts remaining in the Presidential Election Campaign Fund after December 31, 1977, shall be covered into the general fund of the Treasury.…

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