An act to promote fair practices in the conduct of election campaigns for Federal political offices, and for other purposes
(1976) Buckley v. Valeo
Other names for this bill...
This law often is referred to by the acronym for Federal Election Campaign Act - FECA.
Major provisions of this bill...
The FECA addressed many aspects of election campaigns for federal office. Provisions relevant to our discussions include...
o Required full reporting of campaign contributions and expenditures
o Limited spending on media ads
o Created an exception to the laws dating back to 1947 that prohibited direct contributions by corporations and labor unions to influence Federal elections. It allowed them to establish structures that would come to be known as Political Action Committees (PACs).
o Limited spending on media ads
o Created an exception to the laws dating back to 1947 that prohibited direct contributions by corporations and labor unions to influence Federal elections. It allowed them to establish structures that would come to be known as Political Action Committees (PACs).