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Period: to
Campaign Finance Changes
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Federal Election Campaign Act of 1971
-Enacted February 2.1972
-increased necessary diclosure of contributors for candidates, parties, and PACs
-little enforcement
-amended multiple times -
Buckley V. Valeo
-Brought forth in the end of !975
-sets limitations on contributions to candidates
-contributions MUST be disclosed to the FEC
-led to hard money, 527s, and soft money contribtions -
Bipartisan Campaign Finance Reform Act of 2002
*aka McCain-Feingold
-PACs became limited due to the fact that there were now limits on how much certain categories may donate
-Super PACs became less limited, helping to boost incumbents in campaign money, due to their use of "independent expenditures"
-individual contributions were limited but, to a great extent -
Citizens United v. FEC
-unconstitutional; violates free speech
-corporations=people
-no limits on free speech -
McCutcheon v. FEC
-Feb 18, 2013
-argued: Oct 7, 2013
-Shaun McCutcheon had donated and wished to donate more but, limitations prevented him from doing so. (individual contributions)
-Argued that it violated First Amendment
-Ruled in opposition to McCutcheon; decided limitations help prevent corruption
-also, corporations wanted to be seen as giving individual conrtibutions