
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 26USC9037]

 
                     TITLE 26--INTERNAL REVENUE CODE
 
        Subtitle H--Financing of Presidential Election Campaigns
 
        CHAPTER 96--PRESIDENTIAL PRIMARY MATCHING PAYMENT ACCOUNT
 
Sec. 9037. Payments to eligible candidates


(a) Establishment of account

    The Secretary shall maintain in the Presidential Election Campaign 
Fund established by section 9006(a), in addition to any account which he 
maintains under such section, a separate account to be known as the 
Presidential Primary Matching Payment Account. The Secretary shall 
deposit into the matching payment account, for use by the candidate of 
any political party who is eligible to receive payments under section 
9033, the amount available after the Secretary determines that amounts 
for payments under section 9006(c) and for payments under section 
9008(b)(3) are available for such payments.

(b) Payments from the matching payment account

    Upon receipt of a certification from the Commission under section 
9036, but not before the beginning of the matching payment period, the 
Secretary shall promptly transfer the amount certified by the Commission 
from the matching payment account to the candidate. In making such 
transfers to candidates of the same political party, the Secretary shall 
seek to achieve an equitable distribution of funds available under 
subsection (a), and the Secretary shall take into account, in seeking to 
achieve an equitable distribution, the sequence in which such 
certifications are received.

(Added Pub. L. 93-443, title IV, Sec. 408(c), Oct. 15, 1974, 88 Stat. 
1300; amended Pub. L. 94-455, title XIX, Sec. 1906(b)(13)(A), Oct. 4, 
1976, 90 Stat. 1834.)


                               Amendments

    1976--Subsec. (b). Pub. L. 94-455 struck out ``or his delegate'' 
after ``Secretary'' in three places.

                  Section Referred to in Other Sections

    This section is referred to in sections 9006, 9032, 9033, 9034, 
9036, 9038, 9042 of this title.
