470
PUBLIC LAW 93-376-AUG. 14, 1974
[88 STAT.
TITLE VII — P E N A L T I E S AND ENFORCEMENT TAX C R E D I T S, U S E OF S U R P L U S C A M P A I G N F U N D S, VOTE R S ' INFORMATION P A M P H L E T S, S T U D Y O F 1974 ELECTION AND R E P O R T BY COUNCIL, EFFECTIVE D A T E S, AMENDMENTS TO DISTRICT OF C O L U M B I A ELECTION ACT, AND AUTHORIZATION PENALTIES AND D. C. Code 1 1191.
False state ments.
Prosecution.
ENFORCEMENT
SEC. 701. (a) Except as provided in subsection (b), any person or political committee who violates any of the provisions of this Act shall be fined not more than $5,000, or shall be imprisoned for not longer than six months, or both. (b) Any person who knowingly files any false or misleading statement, report, voucher, or other paper, or makes any false or misleading statement to the Board, shall be fined not more than $10,000, or shall be imprisoned for not longer than five years, or both. (c) The penalties provided in this section shall not apply to any person or political committee who, before the date of enactment of this Act during calendar year 1974, makes political contributions or receives political contributions or makes any political campaign expenditures, in excess of any limitation placed on such contributions or expenditures by this Act, except such person or political committee shall not make any further such contributions or expenditures during the remainder of calendar year 1974. ^(j^ Prosccutious of vlolatious of this Act shall be brought by the United States Attorney for the District of Columbia in the name of the United States. TAX CREDIT FOR C A M P A I G N
D. C. Code 471567f.
D. C. Code 1. 1101.
CONTRIBUTIONS
SEC. 702. (a) Title VI of article I of the District of Columbia Income and Franchise Tax Act of 1947 (D.C. Code, secs. 47-1567— 47-1567e) is amended by adding at the end of that title the following: "SEC. 7. (a) Credit for Campaign Contributions.—For the purpose of encouraging residents of the District to participate in the election process in the District, there shall be allowed to an individual a credit against the tax (if any) imposed by this article in an amount equal to 50 per centum of any campaign contribution made to any candidate for election to any office referred to in the first section of the District of Columbia Election Act, but in no event shall such credit exceed the amount of $12.50, or $25 in the case of married persons filing a joint return. "(b)(1) A husband and wife filing separate returns for a taxable year for which a ioint return could have been made by them may claim between them only the total credit (or refund) to which they would have been enticed under this section had a joint return been filed. "(2) No individual for whom a personal exemption was allowed on another individual's return shall be entitled to a credit (or refund) under this section.". (b) The table of contents of such article is amended by adding at the end of the part of such table relating to title VI the following: "Sec. 7. Credit for campaign contributions.". U S E OF S U R P L U S C A M P A I G N
D. C. Code 11192.
FUNDS
SEC. 703. Within the limitations specified in this Act, any surplus, residual, or unexpended campaign funds received by or on behalf of an individual who seeks nomination for election, or election to office shall be contributed to a political party for political purposes, used to
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