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Campaign Financing: Highlights and Chronology of Current Federal Law (CRS Report for Congress)

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Release Date Revised March 8, 2000
Report Number 97-1040GOV
Authors Joseph E. Cantor
Source Agency Congressional Research Service
Older Revisions
  • Premium   Revised June 14, 1999 (5 pages, $24.95) add
  • Premium   Dec. 8, 1997 (5 pages, $24.95) add
Summary:

Current law governing financial activity of campaigns for federal office is based on two principal statutes: the Federal Election Campaign Act (FECA) of 1971, as amended in 1974, 1976, and 1979, and the Revenue Act of 1971. These laws were enacted to remedy widely perceived shortcomings of existing law, the Corrupt Practices Act of 1925, and in response to reports of campaign finance abuses over the years, culminating in the 1972-1974 Watergate scandal. This report provides a summary of major provisions of federal law and a chronology of key legislative and judicial actions.