PRIA Logo™
119-s-538119th CongressWALLET

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

Sponsored By: Senator Ernst, Joni [R-IA]

Introduced

Summary

Ends federal taxpayer financing of Presidential campaigns. This bill would terminate the income tax return checkoff that lets taxpayers contribute to the Presidential Election Campaign Fund for taxable years beginning after December 31, 2024, abolish the Presidential Election Campaign Fund and its related accounts, and prevent their use for any Presidential election, nominating convention, or candidate after enactment. *Any balances remaining in the fund at enactment would be transferred to the Treasury general fund to be used only to reduce the deficit.*

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

End presidential campaign tax checkoff

This bill would end the Presidential Election Campaign Fund checkoff on federal income tax returns for tax years starting after December 31, 2024. It would make Chapters 95 and 96 not apply to any Presidential election, nominating convention, or candidate after enactment. Any money left in the Fund on the date of enactment would be moved to the Treasury general fund and used only to reduce the federal deficit.

Sponsors & CoSponsors

Sponsor

Ernst, Joni [R-IA]

IA • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation