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.

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.

Requires adjustment to such amount (indexing) for inflation after 2016.

[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 464 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 464

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.


_______________________________________________________________________


                    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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 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.''.

SEC. 2. EFFECTIVE DATE.

    The amendments made by this Act shall apply with respect to 
elections occurring after December 2014.
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