Citizen Involvement in Campaigns Act of 2002
Last action on Jun 21, 2002Sponsor introductory remarks on measure. (CR E1124)
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Summary
Citizen Involvement in Campaigns Act of 2002 - Permits an individual a tax credit of up to $200 ($400 in the case of a joint return), equal to the verified amount of certain political contributions the individual made during the taxable year. Denies a deduction for any amount taken into account in determining the credit permitted in this Act.
Allows a deduction of up to $600 ($1200 for a joint return). Allows the deduction whether or not a taxpayer itemizes other deductions.
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