Expressing the sense of the House of Representatives regarding the need to develop compaign finance reform legislation in the second session of the One Hundred First Congress to limit expenditures in House of Representatives elections and to reduce the role of political action committees in financing such elections.

Calls for development of campaign finance reform legislation in the second session of the 101st Congress to: (1) provide incentives to candidates for the House of Representatives to limit expenditures to $200,000 per election; (2) reduce to $2,500 per election the limitation on contributions to a candidate by a political action committee; and (3) limit to $75,000 per election the total amount that a candidate may accept from such committees.