PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Committee on House Oversight, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Congressional Research Service
Version 00 · Introduced in House · Sep 27, 1996
Amends the Federal Election Campaign Act of 1971 to require certain disclosures and reports by persons conducting Federal election polls by telephone or electronic devices. (Sec. 2) Amends the Internal Revenue Code to allow an individual a credit against tax in an amount equal to one-half of all political contributions and all newsletter fund contributions paid by the taxpayer during the taxable year. Limits the maximum credit allowed to $100 ($200 in the case of a joint return). (Sec. 3) Repeals: (1) provisions concerning the designation of income tax payments to the Presidential Election Campaign Fund; (2) the Presidential Election Campaign Fund Act; and (3) the Presidential Primary Matching Payment Account Act. (Sec. 4) Amends the Federal Election Campaign Act of 1971 to require that the majority of Senate and House of Representatives candidate funds come from individuals residing in the State in which the election is held. Sets forth reporting requirements. (Sec. 5) Prohibits bundling of contributions to candidates by political action committees (PACs) and lobbyists. (Sec. 6) Prohibits a candidate for Federal office or an individual holding Federal office from establishing, maintaining, financing, or controlling a leadership committee, other than a principal campaign committee. (Sec. 7) Modifies the current limitations on contributions when House candidates spend or contribute large amounts of personal funds, including contributions by the candidate to the candidate's authorized campaign committee. Requires notification by a House candidate's principal campaign committee of expenditures of personal funds made by such candidate, including contributions by the candidate to such committee. (Sec. 8) Changes certain reporting from a calendar year basis to an election cycle basis. (Sec. 10) Decreases the limitation amount applicable to contributions by multicandidate political committees to candidates from $5,000 to $2,000.
People & committees
Rep. Petri, Thomas E. [R-WI-6] · R–WI
Legislative record
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Referred to the Committee on House Oversight, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on House Oversight, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on House Oversight, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Feb 7, 2024. Consult Congress.gov for the current record.
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Analyze H.R.4267 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
Examine H.R.4267 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.
Examine H.R.4267 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.
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