Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025

Hozzl · 2025-06-06T18:16:16Z

Explore the details of House Bill 3311 Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

6/6/2025, 6:16 PM

Summary of Bill HR 3311

The bill titled "To reduce Federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns" was introduced in the 119th Congress as H.R. 3311 on May 8, 2025. The purpose of the bill is to eliminate taxpayer funding for Presidential election campaigns, aiming to decrease Federal spending and reduce the deficit.

Congressional Summary of HR 3311

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.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill HR 3311

Bill HR 3311 is currently in the status of Bill Introduced since May 8, 2025. Bill HR 3311 was introduced during Congress 119 and was introduced to the House on May 8, 2025. Bill HR 3311's most recent activity was Referred to the House Committee on Ways and Means. as of May 8, 2025