[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5912 Introduced in House (IH)]

112th CONGRESS
  2d Session
                                H. R. 5912

   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.


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                    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

_______________________________________________________________________

                                 A BILL


 
   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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PROHIBITING USE OF PRESIDENTIAL ELECTION CAMPAIGN FUNDS FOR 
              PARTY CONVENTIONS.

    (a) In General.--Chapter 95 of the Internal Revenue Code of 1986 is 
amended by striking section 9008.
    (b) Clerical Amendment.--The table of sections of chapter 95 of 
such Code is amended by striking the item relating to section 9008.

SEC. 2. CONFORMING AMENDMENTS.

    (a) Availability of Payments to Candidates.--The third sentence of 
section 9006(c) of the Internal Revenue Code of 1986 is amended by 
striking ``, section 9008(b)(3),''.
    (b) Reports by Federal Election Commission.--Section 9009(a) of 
such Code is amended--
            (1) by adding ``and'' at the end of paragraph (2);
            (2) by striking the semicolon at the end of paragraph (3) 
        and inserting a period; and
            (3) by striking paragraphs (4), (5), and (6).
    (c) Penalties.--Section 9012 of such Code is amended--
            (1) in subsection (a)(1), by striking the second sentence; 
        and
            (2) in subsection (c), by striking paragraph (2) and 
        redesignating paragraph (3) as paragraph (2).
    (d) Availability of Payments From Presidential Primary Matching 
Payment Account.--The second sentence of section 9037(a) of such Code 
is amended by striking ``and for payments under section 9008(b)(3)''.

SEC. 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.

SEC. 4. EFFECTIVE DATE.

    The amendments made by this Act shall apply with respect to 
elections occurring after December 31, 2012.
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