Congressional Campaign Financing Act

[AI summary unavailable — showing source text] Congressional Campaign Financing Act - Directs the Secretary of the Treasury to maintain in the Presidential Election Campaign Fund a separate account to be known as the congressional election payment account. Authorizes the Secretary to make disbursements to eligible candidates upon certification of the candidate's elgibility by the Federal Election Commission. Provides, to be eligible to receive any payments under this Act for use in connection with his primary election campaign, a candidate must certify to the Commission that: (1) he is seeking nomination by a political party for election as a Representative and he and his authorized committees have received contributions in connection with that campaign from residents of the State in which such election is held which, in the aggregate, exceed $10,000; or (2) he is seeking nomination by a political party for election to the Senate and he and his authorized committees have received contributions in connection with that campaign from residents of the State in which such election is held which, in the aggregate, exceed the greater of (I) $10,000, or (II) 2 cents multiplied by the voting age population of the State in which the elec…