HR 3311 · Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025
Referred to the House Committee on Ways and Means.
- Introduced
- May 8, 2025
- Latest action
- May 8, 2025
- Sponsor
- Rep. W. Gregory Steube [R-FL-17]
- Policy area
- Taxation
- Cosponsors
- 0
Summary
Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025 This bill terminates (1) the taxpayer election (on the federal income tax form) to designate $3 of income tax liability to be paid to the Presidential Election Campaign Fund (which would otherwise go into the general fund of the Treasury) for financing of presidential election campaigns, (2) the Presidential Election Campaign Fund, and (3) the Presidential Primary Matching Payment Account. The bill also requires funds remaining in the Presidential Election Campaign Fund to be transferred to the general fund of the Treasury for the sole purpose of reducing the deficit.
Recent actions
- May 8, 2025 Referred to the House Committee on Ways and Means.
- May 8, 2025 Introduced in House
- May 8, 2025 Introduced in House
Votes
No recorded votes are available for this bill.