S. 538: Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025
A Senate bill (S.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | Senate bill (S.) |
| Originating chamber | Senate |
| Introduced | 2025-02-12 |
| Sponsor | Sen. Ernst, Joni [R-IA] |
| Policy area | Taxation |
| Cosponsors | 0 |
| Latest action | 2025-02-12 — Read twice and referred to the Committee on Finance. |
| Last updated | 2026-03-31 |
Summary
Official summary (Introduced in Senate, 2025-02-12):
Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025
This bill terminates (1) the taxpayer election (on the federal income tax form) to designate $3 of income tax liability to be paid to the Presidential Election Campaign Fund (which would otherwise go into the general fund of the Treasury) for financing of presidential election campaigns, (2) the Presidential Election Campaign Fund, and (3) the Presidential Primary Matching Payment Account. The bill also requires funds remaining in the Presidential Election Campaign Fund to be transferred to the general fund of the Treasury for the sole purpose of reducing the deficit.
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 538 are published by Congress on congress.gov.
Frequently asked questions
What is S. 538?
S. 538 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: Eliminating Leftover Expenses for Campaigns from Taxpayers (ELECT) Act of 2025.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for S. 538 are available on congress.gov.
Bill data: congress.gov API (official congressional records).