H.R. 5912 – Reading Mode

112th CONGRESS

2d Session

H. R. 5912

IN THE SENATE OF THE UNITED STATES

September 20, 2012

Received

AN ACT

To amend the Internal Revenue Code of 1986 to prohibit the use of public funds for political party conventions.

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.

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).

Effective date

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

Passed the House of Representatives September 19, 2012.

Karen L. Haas,

Clerk