Bill · H.R. 3311· House(119-HR-3311)
Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025
- Introduced
- 5/8/2025
- Last activity
- 5/8/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- W. Steube
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill, titled the "Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025," aims to reduce Federal spending and the deficit. It does this by terminating the taxpayer financing of Presidential election campaigns. The legislation amends the Internal Revenue Code of 1986 to ensure certain sections no longer apply to taxable years after December 31, 2024. It also terminates the presidential election campaign fund and the associated account. Finally, it directs the transfer of remaining funds in the presidential election campaign fund to the general fund of the Treasury specifically to reduce the deficit.
Yes· 3 of 4
Does this reduce what the federal government owes?+5
The bill reduces the deficit by transferring remaining campaign funds to the Treasury and ending taxpayer-funded campaigns.
Does this reduce what the federal government spends?+5
The bill reduces federal spending by terminating the financing of presidential election campaigns.
Does this make the government pay for what it commits to?+5
The bill improves fiscal responsibility by ending campaign subsidies and directing remaining funds to debt reduction.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Reduction of the Deficit: The bill directs that the Secretary transfer remaining amounts in the presidential election campaign fund to the general fund of the Treasury to be used for reducing the deficit (Section 2(b)(1)(A)).
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Reduction of Federal Spending: The stated purpose of the bill is to reduce Federal spending and the deficit by ending taxpayer financing of Presidential election campaigns (Introduction/Section 2).
Potential Negative Impacts for People
- Termination of Campaign Financing: The bill terminates the provisions related to the presidential election campaign fund and the account for any Presidential election or candidate after the date of enactment (Section 2(b)(1)(A) and Section 2(b)(2)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Fiscal Responsibility+5Reduces Government Spending+5Reduces National Debt+5
- Governance And Ideology
- Improves Campaign Finance Reform+5
- 5/8/2025
- Referred to the House Committee on Ways and Means.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.