Summary

1/3/2013--Introduced.Amends the Internal Revenue Code to terminate: (1) the taxpayer election to designate $3 of income tax liability for financing of presidential election campaigns, (2) the Presidential Election... Read More

Status

This bill was introduced on Jan 3, 2013, in a previous session of Congress, but was not passed.

Date Introduced
Jan 3, 2013

Co-Sponsors

Bill Text

A BILL

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

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. TERMINATION OF TAXPAYER FINANCING OF PRESIDENTIAL ELECTION CAMPAIGNS.

(a) Termination of Designation of Income Tax Payments.--Section 6096 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: ``(d) Termination.--This section shall not apply to taxable years beginning after December 31, 2011.''. (b) Termination of Fund and Account.-- (1) Termination of presidential election campaign fund.-- (A) In general.--Chapter 95 of subtitle H of such Code is amended by adding at the end the following new section:

``SEC. 9014. TERMINATION.

``The provisions of this chapter shall not apply with respect to any presidential election (or any presidential nominating convention) after the date of the enactment of this section, or to any candidate in such an election.''. (B) Transfer of excess funds to general fund.-- Section 9006 of such Code is amended by adding at the end the following new subsection: ``(d) Transfer of Funds Remaining After Termination.--The Secretary shall transfer all amounts in the fund after the date of the enactment of this section to the general fund of the Treasury, to be used only for reducing the deficit.''. (2) Termination of account.--Chapter 96 of subtitle H of such Code is amended by adding at the end the following new section:

``SEC. 9043. TERMINATION.

``The...

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Sentiment Map

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Nation

200 Supporting
5 Opposing
98% 2%

State: CA

9 Supporting
0 Opposing
100% 0%

District: 1st

0 Supporting
0 Opposing
0% 0%

Popularity Trend

Organizations Supporting

No organizations supporting yet.

Organizations Opposing

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Users Supporting

I support H.R. 95 ("To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns") because my tax dollars should not be spent on private political campaigns. How could this possibly be constitutional? This is armed robbery.

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MO
2
Dr.G
MO-2
1 year ago

I support H.R. 95 ("To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns") because this is a direct way to stop the tons of other votes needed around campaign limits and other approaches. This also can put all election candidates on even ground and give non-wealthy people an opportunity to run for office which does not currently exist. It is hard to argue that this would not be a much more democratic approach. The money influence in our elections now is nothing short of embarrasing and EXTREMELY disheartening for American citizens. It is one of the biggest, if not THE biggest issue that I hear my fellow citizens complain about passionately concerning our government today. It is also the issue that makes us feel as if we have lost our democracy and we need you to save it for us! Please support this or at least any bill that can give us any measure of faith that our leaders won't put money before our democratic interests!!!

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NM
1
nettiej526
NM-1
1 year ago

I support H.R. 95 ("To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns") because presidential candidates receive enough donations from their lobbyist friends. They don't need taxpayer money in addition to that.

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MS
4
PhotoShooter19K
MS-4
2 years ago

I support H.R. 95 ("To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns") because...this should have been passed decades ago!!!!

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LA
5
bighead70570
LA-5
2 years ago

I support H.R. 95 ("To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns") because public funding does nothing to reduce corruption. It does not reduce the influence of corporations, unions, wealthy individuals or any other powerful persons or groups. Public funding is a subsidy to the established political parties and nothing else. Let everyone who wishes contribute or endorse as they, subject to disclosure of large contributions and of funding for media campaigns.

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TX
11
oiltrash1980
TX-11
2 years ago

Users Opposing

No constituents opposing yet.

Bill Summary

1/3/2013--Introduced.Amends the Internal Revenue Code to terminate: (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.

H.R. 94 To amend the Internal Revenue Code of 1986 to prohibit the use of pub... H.R. 96Cameras in the Courtroom Act