To amend the Federal Election Campaign Act of 1971 to reduce the amount that a multicandidate political committee may contribute to a candidate in a Federal election and to limit the total amount that a candidate for the office of Senator or Representative may accept from multicandidate political committees in an election.

[AI summary unavailable — showing source text] Amends the Federal Election Campaign Act of 1971 to reduce from $5,000 to $1,000 the limitation on a multicandidate political committee contribution to an election candidate. Limits to $50,000 the aggregate sum which candidates for congressional office may accept from multicandidate political committees.…