Bipartisan Campaign Reform Act

Definition

Also known as McCain-Feingold Act, this law passed in 2002 regulates financing for political campaigns - banning soft money contributions and limiting issue advocacy ads.

Related terms

Political Corruption: The use of powers by government officials or their network contacts for illegitimate private gain.

Federal Election Campaign Act (FECA): A law passed in 1971 that regulates the financing of political campaigns, later amended by the Bipartisan Campaign Reform Act.

Independent Expenditures: Money spent by individuals or groups not associated with candidates to aid or defeat those candidates.