A bill to amend the Internal Revenue Code of 1954 to provide a tax credit for political contributions to candidates for Congress which is more limited than the existing credit for such contributions.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an income tax credit for political contributions to candidates for Congress. Limits such credit to $10 for each such candidate ($20 in the case of a joint return). Provides that contributions eligible for such credit may not be taken into account for the income tax credit for contributions to candidates for public office.…