; and (2) in paragraph (2)(B)(i), by striking subsections (b) and (d) and inserting subsection (b) . (d) Effective date The amendments made by this section shall apply with respect to elections held during 2024 or any succeeding year. 103. Repeal of limit on aggregate contributions by individuals (a) Findings Congress finds that the Supreme Court of the United States in McCutcheon v. FEC, 572 U.S. 185 (2014) determined the biennial aggregate limits under section 315(a)(3) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30116(a)(3) ) to be unconstitutional. (b) Repeal Section 315(a) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30116(a) ) is amended by striking paragraph (3). (c) Conforming amendments Section 315(c) of such Act ( 52 U.S.C. 30116(c) ) is amended by striking (a)(3), each place it appears in paragraph (1)(B)(i), (1)(C), and (2)(B)(ii). 104. Equalization of contribution limits to State and national political party committees (a) In general Section 315(a)(1) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30116(a)(1) ) is amended— (1) in subparagraph (B), by striking a national political party and inserting a national or State political party ; (2) by adding or at the end of subparagraph (B); (3) in subparagraph (C), by striking ; or and inserting a period; and (4) by striking subparagraph (D). (b) Contributions by multicandidate political committees (1) In general Section 315(a)(2)(B) of such Act ( 52 U.S.C. 30116(a)(2)(B) ) is amended by striking a national political party and inserting a national or State political party . (2) Price index adjustment Section 315(c) of such Act ( 52 U.S.C. 30116(c) ) is amended— (A) in paragraph (1), by adding at the end the following new subparagraph: (D) In any calendar year after 2022— (i) a threshold established by subsection (a)(2) shall be increased by the percent difference determined under subparagraph (A); (ii) each amount so increased shall remain in effect for the calendar year