H.R.95: To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions.

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about taxation
You can read the bill
Sponsor Tom Cole, R-Okla.
Total Cosponsors 0
Introduced Jan. 3, 2013
Latest Major Action Dec. 12, 2013
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Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

(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.

(Source: Congressional Research Service)

Bill Actions

Date Description
Dec. 12, 2013 Reported by the Committee on House Administration. H. Rept. 113-292, Part I.
Jan. 3, 2013 Referred to House Administration
Jan. 3, 2013 Referred to House Ways and Means