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S. 3586

Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2020

Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2020

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 Department of Health and Human Services to acquire unexpired personal protective equipment (including face masks) for the strategic national stockpile.

Read twice and referred to the Committee on Finance.

Sen. Ernst, Joni [R-IA](R-IA)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions3related bills10subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2020 — Informed