A bill to amend the Federal Election Campaign Act of 1971 to provide for adjustments in campaign contribution limits.

Amends the Federal Election Campaign Act of 1971 to increase the ceilings on contributions by individuals to: (1) candidates (from $1,000 to $2,000 per election) or their authorized political committees (from $5,000 to $8,500 per year); (2) national party political committees (from $20,000 to $33,900 per year); and (3) all candidates and political committees together (from $25,000 to $48,900 per year).

Increases the ceilings on contributions by multicandidate political committees to: (1) specified candidates (from $5,000 to $9,800 per election) and their authorized political committees (from $5,000 to $8,500 per year); and (2) national party political committees (from $15,000 to $25,400 per year).

Increases from $17,500 to $29,700 per election year the ceiling on contributions to a senatorial candidate by a national party senatorial campaign committee.