S.Amdt. 204
What it does: Adds SEC. 504. TERMINATION OF TAXPAYER FINANCING OF PRESIDENTIAL ELECTION CAMPAIGNS at the end of title V
Sen. David Vitter (R-LA)What it changes
1 change to S. 493 · shown in the bill's text
Adds SEC. 504. TERMINATION OF TAXPAYER FINANCING OF PRESIDENTIAL ELECTION CAMPAIGNS at the end of title V
Adds a sectionIn S. 493 · Reported to Senate
"(mm) Competitive Selection Procedures for SBIR and STTR Programs.--All funds awarded, appropriated, or otherwise made available in accordance with subsection (f) or (n) must be awarded pursuant to competitive and merit-based selection procedures.".
Inserted: SEC. 504. TERMINATION OF TAXPAYER FINANCING OF PRESIDENTIAL ELECTION CAMPAIGNS.
Inserted: (a) Termination of Designation of Income Tax Payments.--Section 6096 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection:
Inserted: "(d) Termination.--This section shall not apply to taxable years beginning after December 31, 2009.".
Inserted: (b) Termination of Fund and Account.--
Inserted: (1) Termination of presidential election campaign fund.--
Inserted: (A) In general.--Chapter 95 of subtitle H of such Code is amended by adding at the end the following new section:
Inserted: "SEC. 9014. TERMINATION.
Inserted: "The provisions of this chapter shall not apply with respect to any presidential election (or any presidential nominating convention) after the date of the enactment of this section, or to any candidate in such an election.".
Inserted: (B) Transfer of excess funds to general fund.--Section 9006 of such Code is amended by adding at the end the following new subsection:
Inserted: "(d) Transfer of Funds Remaining After Termination.--The Secretary shall transfer all amounts in the fund after the date of the enactment of this section to the general fund of the Treasury, to be used only for reducing the deficit.".
Inserted: (2) Termination of account.--Chapter 96 of subtitle H of such Code is amended by adding at the end the following new section:
Inserted: "SEC. 9043. TERMINATION.
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Inserted: "The provisions of this chapter shall not apply to any candidate with respect to any presidential election after the date of the enactment of this section.".
Inserted: (c) Clerical Amendments.--
Inserted: (1) The table of sections for chapter 95 of subtitle H of such Code is amended by adding at the end the following new item:
Inserted: "Sec. 9014. Termination.".
Inserted: (2) The table of sections for chapter 96 of subtitle H of such Code is amended by adding at the end the following new item:
Inserted: "Sec. 9043. Termination.".
Original wording
At the end of title V, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 204. Mr. VITTER submitted an amendment intended to be proposed by him to the bill S. 493, to reauthorize and improve the SBIR and STTR programs, and for other purposes; which was ordered to lie on the table; as follows:
At the end of title V, add the following:
SEC. 504. TERMINATION OF TAXPAYER FINANCING OF PRESIDENTIAL ELECTION CAMPAIGNS.
(a) Termination of Designation of Income Tax Payments.--Section 6096 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection:
“(d) Termination.--This section shall not apply to taxable years beginning after December 31, 2009.”.
(b) Termination of Fund and Account.--
(1) Termination of presidential election campaign fund.--
(A) In general.--Chapter 95 of subtitle H of such Code is amended by adding at the end the following new section:
“SEC. 9014. TERMINATION.
“The provisions of this chapter shall not apply with respect to any presidential election (or any presidential nominating convention) after the date of the enactment of this section, or to any candidate in such an election.”.
(B) Transfer of excess funds to general fund.--Section 9006 of such Code is amended by adding at the end the following new subsection:
“(d) Transfer of Funds Remaining After Termination.--The Secretary shall transfer all amounts in the fund after the date of the enactment of this section to the general fund of the Treasury, to be used only for reducing the deficit.”.
(2) Termination of account.--Chapter 96 of subtitle H of such Code is amended by adding at the end the following new section:
“SEC. 9043. TERMINATION.
“The provisions of this chapter shall not apply to any candidate with respect to any presidential election after the date of the enactment of this section.”.
(c) Clerical Amendments.--
(1) The table of sections for chapter 95 of subtitle H of such Code is amended by adding at the end the following new item:
“Sec. 9014. Termination.”.
(2) The table of sections for chapter 96 of subtitle H of such Code is amended by adding at the end the following new item:
“Sec. 9043. Termination.”.
Legislative Activity
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Senate amendment submitted
March 15, 2011