HR 3737
98th Congress
House
Taxation
Campaign funds
Government Operations and Politics
Income tax
Practical politics
Tax credits
Voting
Political Tax Credit Reform Act of 1983
Introduced: August 2, 1983
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 2, 1983
Referred to House Committee on Ways and Means.
Aug 2, 1983
Referred to House Committee on House Administration.
Aug 2, 1983
Introduced in House
Plain-English summary
Political Tax Credit Reform Act of 1983 - Amends the Internal Revenue Code to repeal the income tax credit for contributions made to candidates for President, candidates for State and local offices, political action committees, and newsletter funds.
Allows an income tax credit for one-half of the amount contributed to a political party and the full amount contributed to a congressional candidate.
Amends the Federal Election Campaign Act of 1971 to require any candidate or committee receiving contributions eligible for such tax credit to include in its required report the number and aggregate amount of all eligible contributions.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
2
Cosponsors
1