Asked by Jessica Ramsey on Jun 19, 2024
Verified
The Federal Election Campaign Act of 1971
A) states that individuals may contribute up $15,000 to any candidate for federal office in any primary or general election.
B) requires that each candidate or campaign committee itemize the full name and address,occupation,and principal business of each person who contributes more than $100.
C) states that political action committees can contribute $500,000 to any candidate for federal office in any primary or general election.
D) eliminated unrestricted "soft money" donations to the national political parties.
Federal Election Campaign Act
A U.S. law passed in 1971 that regulates political campaign spending and fundraising.
Soft Money Donations
Contributions to political parties for general "party-building" activities, not directly supporting individual campaigns, less regulated by campaign finance laws.
Political Action Committees
Organizations that collect funds from members and donate them to candidates or political parties to influence electoral outcomes.
- Understand the laws and regulations surrounding political and campaign contributions in the United States.
Verified Answer
Learning Objectives
- Understand the laws and regulations surrounding political and campaign contributions in the United States.
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