0
0
0
Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2020
2/8/2022, 11:15 PM
Congressional Summary of HR 5956
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 treasury for the sole purpose of reducing the deficit.
Read the Full Bill
Current Status of Bill HR 5956
Bill HR 5956 is currently in the status of Bill Introduced since February 25, 2020. Bill HR 5956 was introduced during Congress 116 and was introduced to the House on February 25, 2020. Bill HR 5956's most recent activity was Referred to the Committee on Ways and Means, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of February 25, 2020
Bipartisan Support of Bill HR 5956
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5956
Primary Policy Focus
TaxationPotential Impact Areas
- Budget deficits and national debt
- Elections, voting, political campaign regulation
- Government trust funds
- Presidents and presidential powers, Vice Presidents
- Tax administration and collection, taxpayers
Alternate Title(s) of Bill HR 5956
Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2020
To reduce Federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns.
Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2020
Comments
Sponsors and Cosponsors of HR 5956
Latest Bills
Reorganizing Government Act of 2025
Bill HR 1295February 14, 2026
ELO Realignment and Strategic Engagement Reform Act of 2026
Bill HR 7574February 14, 2026
Farm, Food, and National Security Act of 2026
Bill HR 7567February 14, 2026
Expressing the condolences of the House of Representatives and honoring the memory of the victims of the mass shooting in Aurora, Illinois, on February 15, 2019.
Bill HRES 1066February 14, 2026
Condemning and censuring President Donald Trump.
Bill HRES 1065February 14, 2026
To amend the Internal Revenue Code of 1986 to exclude automobiles from being treated as collectibles for purposes of capital gains tax, and for other purposes.
Bill HR 7582February 14, 2026
To allow Americans to earn paid sick time so that they can address their own health needs and the health needs of their families.
Bill HR 7531February 14, 2026
To address the needs of workers in industries likely to be impacted by rapidly evolving technologies.
Bill HR 7585February 14, 2026
To amend the Food, Conservation, and Energy Act of 2008 with respect to the Gus Schumacher Nutrition Incentive Program and the sustainability of such program, and for other purposes.
Bill HR 7571February 14, 2026
Supporting the goals and ideals of "Career and Technical Education Month".
Bill HRES 1063February 14, 2026
Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2020
Bill S 3586February 8, 2022
Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2020
Bill S 3225February 9, 2022