Federal Election Campaign Expenditure Limits Act

[AI summary unavailable — showing source text] Federal Election Campaign Expenditure Limits Act - Amends the Federal Election Campaign Act of 1971 to repeal a specified allowance for political fund raising expenditures. Requires an additional pre-election report of receipts and disbursements by the treasurer of a congressional candidate's principal campaign committee. Reduces from $1,000 to $500 the contribution threshholds which must be reported by the principal campaign committee of a congressional candidate. Delineates specific categories in which reported campaign operating expenses must be itemized. Reduces from $1000 to $500 any independent expenditure aggregate which must be reported. Requires specified political committees who must file disbursement and receipt reports to make such reports available for public inspection and purchase. Requires political committees which make communications soliciting contributions to identify the officers, organizers and organizations associated with such committees. Prohibits political parties from holding nominating conventions for the office of President or Vice-President before the first Monday in September of an election year. Prohibits any person or entity from incurring costs or …