,i #aafth ,,congress #ast ,session ,h4 ,r4 #bij ,,in ,,the ,,house ,,of ,,representatives ,january #h1 #bjai ,mr4 ,cole introduced the following bill2 which was referred to the ,committee on ,ways and ,means1 and in addition to the ,committee on ,house ,administration1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to reduce ,federal spending and the deficit by terminating taxpayer financing of presidential election campaigns4 #a4 ,termination of taxpayer financing of presidential election campaigns 7a7 ,termination of designation of income tax payments ,section #fjif of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new subsection3 7d7 ,termination ,this section shall not apply to taxable years beginning after ,december #ca1 #bjah4 4 7b7 ,termination of fund and account 7#a7 ,termination of presidential election campaign fund 7,a7 ,in general ,chapter #ie of subtitle ,h of such ,code is amended by adding at the end the following new section3 #ijad4 ,termination ,the provisions of this chapter shall not apply with respect to any presidential election 7or any presidential nominating convention7 after the date of the enactment of this section1 or to any candidate in such an election4 4 7,b7 ,transfer of remaining funds ,section #ijjf of such ,code is amended by adding at the end the following new subsection3 7d7 ,transfer of funds remaining after termination ,the ,secretary shall transfer the amounts in the fund as of the date of the enactment of this subsection to the #aj-,year ,pediatric ,research ,initiative ,fund described in section #ijjh7;i77#b71 to be available as described in such section4 4 7#b7 ,termination of account ,chapter #if of subtitle ,h of such ,code is amended by adding at the end the following new section3 #ijdc4 ,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 section4 4 7c7 ,clerical amendments 7#a7 ,the table of sections for chapter #ie of subtitle ,h of such ,code is amended by adding at the end the following new item3 ,sec4 #ijad4 ,termination4 4 7#b7 ,the table of sections for chapter #if of subtitle ,h of such ,code is amended by adding at the end the following new item3 ,sec4 #ijdc4 ,termination4 4