To amend the Federal Election Campaign Act of 1971 to provide for a reduction in the limitation amount for multicandidate political committee contributions to candidates, and for other purposes.

[AI summary unavailable — showing source text] Amends the Federal Election Campaign Act of 1971 to reduce permitted contribution amounts to Federal candidates by multicandidate political committees. (Sec. 2) Prohibits a House of Representatives candidate from accepting contributions from a multicandidate political committee in excess of 50 percent of all contributions accepted by such candidate during a reporting period. (Sec. 3) Limits contributions which a House of Representatives candidate may accept from other than in-State residents. (Sec. 4) Removes contribution limitations for congressional candidates whose opponents intend to spend or spend $100,000 or more from personal sources. (Sec. 5) Prohibits leadership committees. (Sec. 6) Revises contribution through intermediary provisions.…