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United States · Bill · S

S. 500 (118th)

Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023

referredUnited States· United States Congress· EN

Introduced

16 February 2023

Last action

16 February 2023 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Ernst, Joni [R-IA], Sen. Ricketts, Pete [R-NE]

Subjects

Taxation

Source updated

2 August 2024

Taxation

Summary

Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023 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 funds remaining in the Presidential Election Campaign Fund to the treasury for the sole purpose of reducing the deficit.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 16 February 2023

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 16 February 2023

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 16 February 2023

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 16 February 2023

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 16 February 2023

    Open at official source

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Sponsors

Related records

Sources

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