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H.R.371 / 103rd Congress

To amend the Federal Election Campaign Act of 1971 to limit the influence of nonparty multicandidate political committees in elections for Federal office, to amend the Internal Revenue Code of 1986 to provide for an income tax credit for contributions to candidates for the House of Representatives, and for other purposes.

Referred to the House Committee on Ways and Means.

Official summary

Version 00 · Introduced in House · Jan 5, 1993

Amends the Federal Election Campaign Act of 1971 to decrease the limitation on contributions to candidates for Federal office by a multicandidate political committee (PAC). Prohibits a nonparty committee from acting as an intermediary or conduit (to facilitate bundling) with respect to such contributions. Prohibits a candidate for Federal office from establishing, maintaining, financing, or controlling a political committee (leadership committee) other than the principal campaign committee. Amends the Internal Revenue Code to allow a tax credit for congressional campaign contributions to candidates for the House of Representatives. Amends the Internal Revenue Code to repeal the minimum tax deduction based on intangible drilling cost preferences.

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Who introduced it

Rep. Snowe, Olympia J. [R-ME-2] · R–ME

Committees

  • Ways and Means Committee
  • Committee on House Administration
0 cosponsorship records, including any withdrawals

    Actions

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    1. Referred to the House Committee on Ways and Means.

    2. Referred to the House Committee on House Administration.

    3. Introduced in House

    4. Introduced in House

    Bill text & related measures

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    Related bills identified by Congress.gov

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    Source last updated: Jan 2, 2025. Consult Congress.gov for the current record.

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