To amend the Federal Election Campaign Act of 1971 to prohibit nonparty multicandidate political committee contributions in elections for Federal office, and for other purposes.

[AI summary unavailable — showing source text] Amends the Federal Election Campaign Act of 1971 to: (1) prohibit Federal election contributions by multicandidate political committees; and (2) limit House of Representatives election contributions, from persons other than individual in-State residents, to not more than 49 percent of total contributions; and (3) permit additional contributions to House of Representatives challengers from political parties to match incumbent campaign funds carried forward from earlier elections.…