Ends presidential campaign public funding, creates grants for states to boost election security.
This bill would end the public financing program for presidential campaigns. Instead, money from taxpayer designations would go into a new fund, giving states grants to improve election system security, like buying new voting machines and protecting against cyber threats. States would need to apply and meet certain conditions to get these funds.
Today, individual taxpayers can choose to direct $3 of their income tax to publicly fund presidential election campaigns. This bill would end that program and instead create a new Election Security Fund. Taxpayer designations would then go to this new fund, which would provide grants to states to improve the security of their federal election systems, such as updating voting equipment and boosting cybersecurity.
HR 7418 · 119th Congress · February 9, 2026 · AI Summary by gemini-2.5-flash · 8/10
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5 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.