118th Congress Taxation
S. 500: Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
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 funds remaining in the Presidential Election Campaign Fund to the treasury for the sole purpose of reducing the deficit.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Pete Ricketts R-NE
Who scored on this bill
No member has earned points from it yet.
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History
- Introduced in the Senate by Joni Ernst.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Finance.