HR 573 · 100th Congress · Government Operations and Politics
Comprehensive Campaign Finance Reform Act of 1987
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Subcommittee Hearings Held.(1987-07-14)
Plain Language Summary
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Comprehensive Campaign Finance Reform Act of 1987 - Amends the Federal Election Campaign Act of 1971 to decrease the amount one multicandidate political committee may contribute to any other political committee. Limits to $100,000 ($125,000 where two or more candidates qualify for the ballot) the aggregate amount which all multicandidate political committees may contribute to a candidate for the House of Representatives in a general or special election, including any primary election, convention, or caucus relating to such general or special election. Limits to an additional $25,000 the aggregate amount allowed for multicandidate political committee contributions in a runoff election for the office of Representative. Establishes the method of financing general election campaigns for the House of Representatives. Establishes eligibility criteria entitling candidates to receive campaign payments on a matching basis. Establishes formulae to determine such sums. Limits the expenditure of personal funds to $20,000 per election. Waives certain spending limits for eligible candidates who are opposed by ineligible candidates. Authorizes additional payments to eligible candidates whenever i…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (16)
15 Democrats1 Republican