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United States · Bill · HR

H.R. 3737 (98th)

Political Tax Credit Reform Act of 1983

referredUnited States· United States Congress· EN

Introduced

2 August 1983

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

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.

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Documents

1 official file

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Sources

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