Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2022
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Feb 17, 2022)
Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2022
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.
What just happenedFeb 17, 2022
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateFeb 17, 2022
- Feb 17, 2022IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Feb 17, 2022IntroReferral10000
Introduced in Senate