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HR 95 113th Congress House Taxation Budget deficits and national debt Elections, voting, political campaign regulation Government trust funds Tax administration and collection, taxpayers

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

Introduced: January 3, 2013 Introduced by: Cole, Tom Republican · Oklahoma See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 12, 2013
Reported by the Committee on House Administration. H. Rept. 113-292, Part I.
Jan 3, 2013
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.
Jan 3, 2013
Introduced in House
 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Amends the Internal Revenue Code to terminate: (1) the taxpayer election to designate $3 of income tax liability to the Presidential Election Campaign Fund for taxable years beginning after December 31, 2011, (2) the Presidential Election Campaign Fund, and (3) the Presidential Primary Matching Payment Account.

Directs that any amounts remaining in the Presidential Election Campaign Fund after its termination be transferred to the general fund of the Treasury to be used only for reducing the deficit.

What's happening now December 12, 2013

Reported by the Committee on House Administration. H. Rept. 113-292, Part I.

 Committees of jurisdiction 2