Congressional Campaign Finance Reform Act

Congressional Campaign Finance Reform Act - Amends the Federal Election Campaign Act of 1971 to equalize the limitation on multicandidate political committee candidate contributions with the limitation applicable to other persons.

(Sec. 4) Limits the number of total contributions a House of Representatives candidate may accept from sources other than in-State sources.

(Sec. 5) Limits the total amount of personal loans a House candidate may make to his campaign.

(Sec. 6) Permits States to impose voluntary campaign spending limits with respect to Federal elections.

(Sec. 7) Revises definitions relating to independent expenditures.

(Sec. 8) Sets forth reporting requirements: (1) for certain independent expenditures; and (2) concerning reservation of broadcast time.

(Sec. 9) Revises provisions concerning the Official Mass Mailing Allowance for Members.

(Sec. 10) Reduces the maximum amount that may be allocated to the Official Mail Allowance of a Member. Allows transfers from the Official Mass Mailing Allowance of a Member to the Official Mailing Allowance of a Member.

(Sec. 11) Revises the definition "contribution or expenditure" to include political committee contributions made by national banks, corporations, and labor organizations with respect to contributions or expenditures. Makes applicable certain requirements to labor organizations.

(Sec. 12) Sets forth requirements for print, broadcast, and cablecast campaign advertising.