What is Campaign Finance Reform? - Definition & History


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This law was one of the first major laws passed to establish strict rules for reporting campaign contributions and expenditures resulting in the creation of Political Action Committees (PACs).

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1. This federal agency was created to enforce limits on contributions to national campaigns, regulate the disclosure of campaign spending, and organize public funding for presidential campaigns.

2. This Supreme Court decision upheld limits on campaign contributions but struck down limits on spending on behalf of candidates by individuals or organizations as these are protected under the First Amendment.

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