To amend the Federal Election Campaign Act of 1971 to reduce the limit on the amount of certain contributions which may be made to a candidate with respect to an election for Federal office.

Bill: 113-hr-464
Sponsor: full_name: Rep. Capuano, Michael E. [D-MA-7]
Introduced: 2013-02-04
Policy area: Government Operations and Politics
Subjects: Congressional elections

Elections, voting, political campaign regulation
Latest action: action_date: 2013-02-04
text: Referred to the House Committee on House Administration.

Summaries:
action_date: 2013-02-04
action_desc: Introduced in House
text: <p>Amends the Federal Election Campaign Act of 1971 to reduce from $2,000 to $1,000 the maximum amount of contributions that any person may make to any candidate with respect to election for federal office. </p> <p>Requires adjustment to such amount (indexing) for inflation after 2016.</p> <p><BR> </p>

tv_txt: I 113th CONGRESS 1st Session H. R. 464 IN THE HOUSE OF REPRESENTATIVES February 4, 2013 Mr. Capuano introduced the following bill; which was referred to the Committee on House Administration A BILL To amend the Federal Election Campaign Act of 1971 to reduce the limit on the amount of certain contributions which may be made to a candidate with respect to an election for Federal office.

1. Reduction in Contribution Limits for Contributions to Individual Candidates (a) Reduction in Limit Section 315(a)(1)(A) of the Federal Election Campaign Act of 1971 ( 2 U.S.C. 441a(a)(1)(A) ) is amended by striking $2,000 and inserting $1,000 . (b) Application of Indexing (1) In general Section 315(c)(1)(B) of such Act ( 2 U.S.C. 441a(c)(1)(B) ) is amended by striking after 2002 and inserting after 2002 (or, in the case of the limitation established under subsection (a)(1)(A), after 2016) . (2) Determination of base period Section 315(c)(2)(B) of such Act (2 U.S.C. 441a(c)(2)(B)) is amended— (A) in clause (i), by striking and at the end; (B) in clause (ii)— (i) by striking (a)(1)(A), , and (ii) by striking the period at the end and inserting ; and ; and (C) by adding at the end the following new clause: (iii) for purposes of subsection (a)(1)(A), calendar year 2015. . 2. Effective Date The amendments made by this Act shall apply with respect to elections occurring after December 2014.