To amend the Federal Election Campaign Act of 1971 to reform House of Representatives campaign finance laws, and for other purposes.

SECTION 1. HOUSE OF REPRESENTATIVES ELECTION LIMITATION ON 
              CONTRIBUTIONS FROM PERSONS OTHER THAN LOCAL INDIVIDUAL 
              RESIDENTS.

    Section 315 of the Federal Election Campaign Act of 1971 (2 U.S.C. 
441a) is amended by adding at the end the following new subsection:
    ``(i) A candidate for the office of Representative in, or Delegate 
or Resident Commissioner to, the Congress may not, with respect to a 
reporting period for an election, accept contributions--
            ``(1) from persons other than individual residents of the 
        congressional district involved in excess of 50 percent of the 
        total of contributions accepted; or
            ``(2) from persons other than individual residents of the 
        State in which the congressional district involved is located 
        in excess of 10 percent of the total of contributions 
        accepted.''.

SEC. 2. REDUCTION IN LIMITATION AMOUNT APPLICABLE TO CONTRIBUTIONS BY A 
              MULTICANDIDATE POLITICAL COMMITTEE TO A HOUSE OF 
              REPRESENTATIVES CANDIDATE.

    Section 315(a)(2)(A) of the Federal Election Campaign Act of 1971 
(2 U.S.C. 441a(a)(2)(A)) is amended by inserting after ``$5,000'' the 
following: ``, except that in the case of an election for the office of 
Representative in, or Delegate or Resident Commissioner to, the 
Congress, the limitation shall be $1,000''.

SEC. 3. BAN ON SOFT MONEY.

    (a) In General.--Title III of the Federal Election Campaign Act of 
1971 (2 U.S.C. 431 et seq.) is amended by adding at the end the 
following new section:

  ``limitations and reporting requirements for amounts paid for mixed 
                          political activities

    ``Sec. 323. (a) Any payment by the national committee of a 
political party or a State committee of a political party for a mixed 
political activity--
            ``(1) shall be subject to limitation and reporting under 
        this Act as if such payment were an expenditure; and
            ``(2) may be paid only from an account that is subject to 
        the requirements of this Act.
    ``(b) As used in this section, the term `mixed political activity' 
means, with respect to a payment by the national committee of a 
political party or a State committee of a political party, an activity, 
such as a voter registration program, a get-out-the-vote drive, or 
general political advertising, that is both (1) for the purpose of 
influencing an election for Federal office, and (2) for any purpose 
unrelated to influencing an election for Federal office.''.
    (b) Repeal of Building Fund Exception to the Definition of the Term 
``Contribution''.--Section 301(8)(B) of the Federal Election Campaign 
Act of 1971 (2 U.S.C. 431(8)(B)) is amended--
            (1) by striking out clause (viii); and
            (2) by redesignating clauses (ix) through (xiv) as clauses 
        (viii) through (xiii), respectively.

SEC. 4. AMENDMENTS TO COMMUNICATIONS ACT OF 1934.

    Section 315 of the Communications Act of 1934 (47 U.S.C. 315) is 
amended--
            (1) in subsection (b)(1)--
                    (A) by striking ``forty-five'' and inserting 
                ``30'';
                    (B) by striking ``sixty'' and inserting ``45''; and
                    (C) by striking ``lowest unit charge of the station 
                for the same class and amount of time for the same 
                period'' and insert ``lowest charge of the station for 
                the same amount of time for the same period'';
            (2) by redesignating subsections (c) and (d) as subsections 
        (d) and (e), respectively;
            (3) by inserting immediately after subsection (b) the 
        following new subsection:
    ``(c)(1) Except as provided in paragraph (2), a licensee shall not 
preempt the use, during any period specified in subsection (b)(1), of a 
broadcasting station by a legally qualified candidate for public office 
who has purchased and paid for such use pursuant to the provisions of 
subsection (b)(1).
    ``(2) If a program to be broadcast by a broadcasting station is 
preempted because of circumstances beyond the control of the 
broadcasting station, any candidate advertising spot scheduled to be 
broadcast during that program may also be preempted.''; and
            (4) in subsection (d) (as redesignated by paragraph (2) of 
        this section)--
                    (A) by striking ``and'' at the end of paragraph 
                (1);
                    (B) by striking the period at the end of paragraph 
                (2) and inserting ``; and''; and
                    (C) by adding at the end thereof the following new 
                paragraph:
            ``(3) a station's lowest charge for purposes of paragraph 
        (1)--
                    ``(A) with respect to a primary or primary runoff 
                election, is determined for the interval beginning 60 
                days before such election and ending on the date of 
                that election; and
                    ``(B) with respect to a general or special 
                election, is determined for the interval beginning 90 
                days before such election and ending on the date of 
                that election.''.

Summary: Amends the Federal Election Campaign Act of 1971 to limit contributions to House of Representatives elections from persons other than local individual residents. 
Reduces maximum House contribution amounts from multicandidate political committees (PACs). 
Sets forth limitations and reporting requirements for amounts paid for mixed political activities ("soft money"). 
Amends the Communications Act of 1934 to require a broadcast station to make broadcast time available to all House and Senate candidates in the last 30 (currently 45) days before a primary and the last 45 (currently 60) days before a general election, at the lowest unit charge of the station for the same amount of time (currently, the same class and amount of time) for the same period on the same date. Prohibits broadcasters from preempting advertisements sold to political candidates at the lowest unit rate, unless the preemption is beyond the broadcaster's control.