H.R. 290

Referred to Committee

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

Introduced 1/8/2019•116th Congress•House

Latest Action

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.

1/8/2019 • House

Summary

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.

Introduced in House • 1/8/2019

Enter your district to see how this bill affects your community

Topics & Subjects

Policy Area: Taxation

Budget deficits and national debtChild healthElections, voting, political campaign regulationGovernment trust fundsHealth programs administration and fundingMedical researchResearch administration and fundingTax administration and collection, taxpayers