Section 1 Short title
This Act may be cited as the “Campaign Accountability and Parity Act” or the “CAP Act”.
Campaign Accountability and Parity Act
A BILL
To amend the Federal Election Campaign Act of 1971 to establish an expenditure limit with respect to candidates for the House of Representatives.
Sec. 2 Annual expenditure limit for House of Representatives candidates
Title III of the Federal Election Campaign Act of 1971 (52 U.S.C. 30101 et seq.) is amended by adding at the end the following:
“325. Annual expenditure limit for House of Representatives candidates
“The principal campaign committee of a candidate for the office of Representative in, or Delegate or Resident Commissioner to, the House of Representatives may not make in a year expenditures aggregating in excess of the average amount made available for use in the previous year by a Member of the House of Representatives from the Members’ Representational Allowance established in section 101 of the House of Representatives Administrative Reform Technical Corrections Act (2 U.S.C. 5341).”