U.S. Congress - H.R.359 To reduce Federal spending and the deficit by terminating taxpayer financing of preside...
H.R.359 - To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions.
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- Official: To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions. as introduced.
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Bill's Views
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- Past Seven Days: 35
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Committees
Latest Vote
Roll call number 25 in the House
Question: On Passage: H R 359 To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions
OpenCongress Summary
Eliminates the public matching funds program for presidential elections that was established in the late 70s as a response to Watergate. Under this bill, presidential candidates would no longer be able to opt for federal funds during their campaigns instead of fundraising from private individuals and corporations. It would also end public funding of party conventions and force the parties to pay for their conventions with money from donors. The bill is expected to eliminate $520 million in federal spending over the next ten years.Official Summary
1/26/2011--Passed House amended. Amends the Internal Revenue Code to terminate: (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 PaymentOfficial Summary
1/26/2011--Passed House amended. Amends the Internal Revenue Code to terminate:(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. Requires the Secretary of the Treasury to transfer all amounts in the Presidential Election Campaign Fund after its termination to the general fund of the Treasury, to be used only for deficit reduction.
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Organizations Supporting H.R.359
- None via MapLight at this time.
Organizations Opposing H.R.359
- Public Citizen
- Campaign Legal Center
- Service Employees International Union
Latest Letters to Congress
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H.R.359 To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions.
hain84
September 12, 2012
I support H.R.359 - To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions., and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
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H.R.359 To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions.
ayrerperformance
May 26, 2012
I am writing as your constituent in the 3rd Congressional district of New Jersey. I support H.R.359 - To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions., and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Sincerely,
James Ayrer -
H.R.359 To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions.
soitgoes12
October 14, 2011
I am writing as your constituent in the 3rd Congressional district of Tennessee. I oppose H.R.359 - To reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions., and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Sincerely,
Drew Howe
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