No Cost Fair Campaign Practices Act of 1987

[AI summary unavailable — showing source text] No Cost Fair Campaign Practices Act of 1987 - Amends the Federal Election Campaign Act of 1971 to prohibit multicandidate political committees from making contributions to nonparty multicandidate political committees in excess of $2,500. Restricts each candidate for Federal office to a principal campaign committee. Repeals the authorization for a candidate to designate additional political committees. Prohibits a principal campaign committee from making contributions to the principal campaign committee of another candidate. Sets forth limitations for House candidates on accepting contributions from persons outside a candidate's district. Establishes civil fines for candidates who exceed such limitations.…