CAP Act

The Campaign Accountability and Parity Act (CAP Act) would amend the Federal Election Campaign Act of 1971 to impose an annual expenditure limit on the principal campaign committees of candidates for the U.S. House of Representatives, including Delegates and the Resident Commissioner. The limit would be set at the average amount made available in the previous year to a House Member through the Members’ Representational Allowance under the House of Representatives Administrative Reform Technical Corrections Act. This would affect House candidates by capping how much their campaign committees can spend each year based on the prior year’s official office allowance for sitting Members.

No official summary is available here. This one was written by AI from the bill’s text.