To reduce Federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns.
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This bill amends the Internal Revenue Code to terminate: (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: (1) specified funds remaining in the Presidential Election Campaign Fund to the 10-Year Pediatric Research Initiative Fund, and (2) the remainder of the funds to the general fund of the Treasury for deficit reduction.
Ordered to be Reported by the Yeas and Nays: 5 - 3.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 133: To reduce Federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns.. 115th Congress. Open America. https://openamerica.io/bill/115-HR-133/
"H.R. 133: To reduce Federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns.." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-133/.
H.R. 133, 115th Cong. (2026), https://openamerica.io/bill/115-HR-133/.
[H.R. 133: To reduce Federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns.](https://openamerica.io/bill/115-HR-133/)