Comprehensive Campaign Finance Reform Act of 1992

[AI summary unavailable — showing source text] Comprehensive Campaign Finance Reform Act of 1992 - Title I: House of Representatives Election Limitation on Contributions from Persons Other than Local Individual Residents - Amends the Federal Election Campaign Act of 1971 (FECA) to prohibit candidates in House of Representatives elections from accepting contributions from persons other than local individual residents that total more than all the contributions accepted from such residents. Title II: Reduction in the Limitation Applicable to Nonparty Multicandidate Political Committee Contributions To Candidates - Amends FECA to provide for a reduction in the limit on multicandidate political committee contributions to candidates for Federal office. Prohibits: (1) separate segregated fund bundling of contributions to candidates for Federal office; (2) transfers of funds among noncandidate, nonparty political committees; and (3) candidates for Federal office from establishing, maintaining, financing, and controlling a political committee other than the candidate's principal campaign committee. Places restrictions on contributions between principal campaign committees. Title III: Restoring the Tax Credit for Individual Contributions…