H.R. 447 — Introduced in House

I 114th CONGRESS 1st Session H. R. 447 IN THE HOUSE OF REPRESENTATIVES January 21, 2015 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 (52 U.S.C. 30116(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 (52 U.S.C. 30116(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 2018). (2) Determination of base period Section 315(c)(2)(B) of such Act (52 U.S.C. 30116(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 2017. . 2. Effective Date The amendments made by this Act shall apply with respect to elections occurring after December 2016.