To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns.
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This bill terminates (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 the funds remaining in the Presidential Election Campaign Fund to the 10-Year Pediatric Research Initiative Fund.
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.
- Introduced in House Formatted Text PDF Formatted XML
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U.S. Congress. (2026). H.R. 290: To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns.. 116th Congress. Open America. https://openamerica.io/bill/116-HR-290/
"H.R. 290: To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns.." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-290/.
H.R. 290, 116th Cong. (2026), https://openamerica.io/bill/116-HR-290/.
[H.R. 290: To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns.](https://openamerica.io/bill/116-HR-290/)