H.R. 133: To reduce Federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns.
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H.R. 133: To reduce Federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns.
115th Congress · introduced 2017-01-03 · Taxation · Latest: Ordered to be Reported by the Yeas and Nays: 5 - 3.
federal
Follow this bill, step by step
- Where it came from: introduced 2017-01-03 · official record
- Who proposed it: Rep. Cole, Tom [R-OK-4] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Ordered to be Reported by the Yeas and Nays: 5 - 3. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
To reduce Federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns.
Plain summary
This bill 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. The Department of the Treasury must transfer: (1) specified funds remaining in the Presidential Election Campaign Fund to the 10-Year Pediatric Research Initiative Fund, and (2) the remainder of the funds to the general fund of the Treasury for deficit reduction.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
To reduce Federal spending and the deficit by terminating taxpayer financing of Presidential election campaigns.
Source: Congressional Research Service summary (Introduced in House)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Cole, Tom [R-OK-4] · 0 cosponsors
Sponsor's campaign money: Rep. Cole, Tom [R-OK-4] reported raising $4.3 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (2)
- Ballot initiative
- A proposed law or constitutional amendment that citizens place on the ballot by gathering enough voter signatures, so voters decide it directly. About half the states allow some form of it.
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-115hr133.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/115/hr>
Record fed-us-cong115-hr133 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115