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Empower Act of 2021
3/15/2023, 7:00 PM
Summary of Bill HR 1312
Bill 117 HR 1312, also known as the Empower Act of 2021, is a piece of legislation introduced in the US Congress. The main goal of this bill is to empower individuals and communities by providing resources and support for economic development and job creation.
The Empower Act of 2021 includes provisions for funding programs that promote entrepreneurship, workforce development, and small business growth. It also aims to increase access to capital for minority-owned businesses and support initiatives that address economic disparities in underserved communities.
Additionally, the bill includes measures to improve access to affordable housing, healthcare, and education for individuals and families. It also seeks to address issues related to food insecurity and access to nutritious foods in low-income areas. Overall, the Empower Act of 2021 is focused on creating opportunities for economic advancement and empowerment for all Americans, particularly those in marginalized communities. It aims to address systemic barriers to success and promote inclusive economic growth across the country.
The Empower Act of 2021 includes provisions for funding programs that promote entrepreneurship, workforce development, and small business growth. It also aims to increase access to capital for minority-owned businesses and support initiatives that address economic disparities in underserved communities.
Additionally, the bill includes measures to improve access to affordable housing, healthcare, and education for individuals and families. It also seeks to address issues related to food insecurity and access to nutritious foods in low-income areas. Overall, the Empower Act of 2021 is focused on creating opportunities for economic advancement and empowerment for all Americans, particularly those in marginalized communities. It aims to address systemic barriers to success and promote inclusive economic growth across the country.
Congressional Summary of HR 1312
Empower Act of 2021
This bill modifies the system for the public financing of presidential primary and general elections.
The bill (1) increases the amount of matching funds for participating candidates by matching the first $200 of contributions by individuals to a candidate at a 6:1 ratio; (2) eliminates spending limits on participating candidates; (3) allows the national committee of a political party to make expenditures of up to $100 million in coordination with participating candidates; (4) requires all payments made to candidates, beginning with the 2028 presidential election, to be made from the Freedom From Influence Fund established by this bill; and (5) prohibits joint fundraising committees for any authorized committee of a candidate.
Read the Full Bill
Current Status of Bill HR 1312
Bill HR 1312 is currently in the status of Bill Introduced since February 24, 2021. Bill HR 1312 was introduced during Congress 117 and was introduced to the House on February 24, 2021. Bill HR 1312's most recent activity was Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. as of April 28, 2021
Bipartisan Support of Bill HR 1312
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1312
Primary Policy Focus
TaxationPotential Impact Areas
- Elections, voting, political campaign regulation
- Government trust funds
- Political parties and affiliation
- Presidents and presidential powers, Vice Presidents
- Tax administration and collection, taxpayers
Alternate Title(s) of Bill HR 1312
Empower Act of 2021
To amend chapters 95 and 96 of the Internal Revenue Code of 1986 to reform the system of public financing for Presidential election campaigns, and for other purposes.
Empower Act of 2021
Comments
Sponsors and Cosponsors of HR 1312
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