Campaign Finance Laws

Definition

Campaign finance laws refer to regulations and rules that govern the financing of political campaigns, including how candidates can raise and spend money. These laws are intended to promote transparency, prevent corruption, and ensure fair competition in elections.

Related terms

Political Action Committee (PAC): A type of organization that can raise and spend unlimited amounts of money to support candidates or issues they endorse.

Super PAC: Similar to PACs but with more flexibility in terms of fundraising and spending limits. They cannot directly coordinate with a candidate's campaign.

Soft Money: Refers to funds raised by political parties for purposes other than supporting specific candidates, such as party-building activities or issue advocacy. Soft money was heavily restricted by campaign finance laws.