The Shays-Meehan bill, like the McCain-Feingold legislation, would ban soft money -- unregulated, unlimited funds to political parties -- and would raise the limit on hard money contributions to individual candidates.

CNN: House to take up campaign finance reform

The Shays-Meehan bill would ban soft money -- unregulated, unlimited funds to political parties -- and it would raise the limit on hard money contributions to individual candidates.

CNN: Supporters vow to vote on campaign finance reform