H.R. 2993 · 111th Congress

To amend chapters 95 and 96 of the Internal Revenue Code of 1986 to terminate taxpayer financing of presidential election campaigns.

Stage
In committee
Sponsor
Tom Cole
Introduced
2009-06-23
Latest action
2009-06-23 · Introduced in House

Summary

Amends the Internal Revenue Code to terminate: (1) taxpayer checkoffs to finance presidential election campaigns; (2) the Presidential Election Campaign Fund (Fund) and related provisions; and (3) presidential primary matching payment accounts. Directs the Secretary of the Treasury to transfer any amounts remaining in the Fund after 2009 to the general fund of the Treasury.