H. R. 5912
IN THE HOUSE OF REPRESENTATIVES
June 7, 2012
Mr. Cole (for himself, Mr. Fitzpatrick, Mr. Campbell, Mr. Paul, Mr. Bartlett, Mr. Fleming, Mr. Landry, Mr. Yoder, Mr. Kingston, Mr. Webster, Mr. Lamborn, Mr. Southerland, Mr. Jordan, Mr. Gohmert, Mr. Broun of Georgia, Mrs. Schmidt, Mr. Pitts, Mr. Paulsen, Mrs. Lummis, Mr. Chabot, Mr. Issa, Mr. Fleischmann, Mr. Quayle, Mrs. Noem, Mr. McClintock, Mr. Canseco, and Mr. Griffin of Arkansas) introduced the following bill; which was referred to the Committee on House Administration
To amend the Internal Revenue Code of 1986 to prohibit the use of public funds for political party conventions, and to provide for the return of previously distributed funds for deficit reduction.
Prohibiting use of presidential election campaign funds for party conventions
Chapter 95 of the Internal Revenue Code of 1986 is amended by striking section 9008.
The table of sections of chapter 95 of such Code is amended by striking the item relating to section 9008.
Availability of payments to candidates
The third sentence of section 9006(c) of
the Internal Revenue Code of 1986 is amended by striking
Reports by Federal election commission
Section 9009(a) of such Code is amended—
and at the end of paragraph (2);
by striking the semicolon at the end of paragraph (3) and inserting a period; and
by striking paragraphs (4), (5), and (6).
Section 9012 of such Code is amended—
in subsection (a)(1), by striking the second sentence; and
in subsection (c), by striking paragraph (2) and redesignating paragraph (3) as paragraph (2).
Availability of payments from presidential primary matching payment account
second sentence of section 9037(a) of such Code is amended by striking
and for payments under section 9008(b)(3).
Return of previously submitted money for deficit reduction
Any amount which is returned by the national committee of a major party or a minor party to the general fund of the Treasury from an account established under section 9008 of the Internal Revenue Code of 1986 after the date of the enactment of this Act shall be dedicated to the sole purpose of deficit reduction.
The amendments made by this Act shall apply with respect to elections occurring after December 31, 2012.