Senate Bill 500 - Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023

Purpose and Summary

Chamber: Senate

Introduced date: 2023-02-16

Recent Activity

Read twice and referred to the Committee on Finance.

Alternative Names

Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023

Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023

A bill to reduce Federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns.

Associated Legislation

Strengthen the Pediatric Research Initiative Act

Policy Areas

Taxation

Potential Impact

Sponsors and Supporters

Sen. Ernst, Joni [R-IA]

Cosponsors and Supporters

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Committees and Subcommittees

Finance Committee

Variations and Revisions

Strengthen the Pediatric Research Initiative Act

Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023

12/15/2023, 4:06 PM

Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023

This bill terminates (1) the taxpayer election to designate $3 of income tax liability for financing of presidential election campaigns, (2) the Presiden...

Congress
118

Number
S - 500

Introduced on
2023-02-16

# Amendments
0

Sponsors
+5

Variations and Revisions

2/16/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023

This bill terminates (1) the taxpayer election to designate $3 of income tax liability for financing of presidential election campaigns, (2) the Presiden...

Alternative Names
Official Title as IntroducedA bill to reduce Federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary3/27/2023

Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2023

This bill terminates (1) the taxpayer election to designate $3 of income tax liability for financing of presidential election campaigns, (2) the Presiden...


Latest Action2/16/2023
Read twice and referred to the Committee on Finance.