What does TERMINATION OF TAXPAYER FINANCING OF PRESIDENTIAL ELECTION of Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025 do?

This section terminates taxpayer financing of presidential election campaigns. Section 6096 of the Internal Revenue Code of 1986 is amended to end its application after December 31, 2024. Chapter 95 of subtitle H of the Internal Revenue Code is amended to prevent the Presidential Election Campaign Fund from applying after the enactment of this section. Chapter 96 of subtitle H of the Internal Revenue Code is amended to prevent the account from applying after the enactment of this section. Any remaining funds in the Presidential Election Campaign Fund will be transferred to the general fund of the Treasury to reduce the deficit. The tables of sections for chapters 95 and 96 of subtitle H are amended to include new termination sections.

Back to bills

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

Q: What does Preamble of Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025 do?

This bill aims to reduce Federal spending and the deficit. The bill proposes terminating taxpayer financing of Presidential election campaigns.

Q: What does SHORT TITLE. of Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025 do?

This bill is formally titled the Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025.

Last updated: 2/12/2025 · Introduced: 2/12/2025

Author: Joni Ernst (R-IA)

TL;DR (AI)

This bill eliminates taxpayer funding for presidential election campaigns.
It redirects any remaining funds in the Presidential Election Campaign Fund to the Treasury's general fund.
The changes take effect immediately and after December 31, 2024, respectively, by amending sections of the Internal Revenue Code.

119th Congressin committeeHR. 3311(In Committee)Official page

Verified Votes

No verified votes yet.

Community Votes

No community votes yet. Be the first!

Voting as guest · Sign in for verified votes

Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

Click "Show details" to explore individual sections. Use the community vote above or visit All Sections to vote per section.

Read official text

Want the full experience?

Create a free account to cast verified votes on each section, get a personalized summary, and track your voting history.

Create Free Account