Campaign Cost Reduction and Reform Act of 1993

Campaign Cost Reduction and Reform Act of 1993 - Amends the Federal Election Campaign Act of 1971 to revise the definition of: (1) qualifying House of Representatives candidate; (2) contribution; (3) expenditure; and (4) independent expenditure.

Limits with regard to an election cycle of an House of Representatives candidate: (1) general and personal funds expenditures; (2) contributions from persons other than individuals, multicandidate political committees (PACs), political party committees, and persons from outside the district; (3) independent expenditures; and (4) individual contributions. Sets forth penalties for excess contributions.

Amends the Internal Revenue Code to allow a tax credit ($100 for an individual, $200 for a joint return) for contributions to House of Representatives candidates with respect to elections in the taxpayer's congressional district of residence.