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S. 1917

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to reform the system of public financing for Presidential elections, and for other purposes.
About This Bill
Committee
Latest Action · June 20, 2019
Read twice and referred to the Committee on Finance.
Congress
116th (2019–2021)
Introduced
June 20, 2019
Sponsor
Sen. Tom UdallD
Cosponsors (1)
1D 0R
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Summary

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Empower Act of 2019 This bill modifies the system for the public financing of presidential primary and general elections. The bill (1) eliminates spending limits on participating candidates, (2) increases the amount of matching funds for participating candidates by matching the first $200 of contributions by individuals to candidates at a 6:1 ratio, (3) requires participating candidates to agree to accept contributions of no more than $1,000, and (4) allows national parties to expend up to $100 million in coordination with participating candidates.

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