To amend the Federal Election Campaign Act of 1971 to provide for a reduction in the limitation amount for multicandidate political committee contributions to candidates, and for other purposes.

Amends the Federal Election Campaign Act of 1971 to reduce permitted contribution amounts to Federal candidates by multicandidate political committees.

(Sec. 2) Prohibits a House of Representatives candidate from accepting contributions from a multicandidate political committee in excess of 50 percent of all contributions accepted by such candidate during a reporting period.

(Sec. 3) Limits contributions which a House of Representatives candidate may accept from other than in-State residents.

(Sec. 4) Removes contribution limitations for congressional candidates whose opponents intend to spend or spend $100,000 or more from personal sources.

(Sec. 5) Prohibits leadership committees.

(Sec. 6) Revises contribution through intermediary provisions.