5.11 Campaign Finance

What agency was created by FECA to implement and enforce campaign finance laws?

• PAC (Political Action Committee)

• FEC (Federal Election Commission)

• FECA (Federal Election Commission Agency)

What is "hard money"?

• Money given to candidates
• Money given to political parties
• Money used for attack ads
• Money used for biographical ads

Which was a result of the Federal Elections Campaign Act?

• Limited individual and PAC donations
• Banned soft money
• Limited candidates to only public funding
• led to rise of SuperPACs

In Citizen United v. FEC the Supreme Court ruled

• corporations & unions can spend unlimited amounts on campaigns
• Corporations and unions cannot use express advocacy
• Corporations and unions are allowed to coordinate with candidates
• Campaign contributions are not protected by the 1st amendment

Which is true of SuperPACs

• are not regulated by the FEC
• are allowed to coordinate with candidates
• Can receive unlimited donations and spend as much as they want
• cannot use express advocacy

Campaign money with the most strict of limits

• Hard money
• Soft money
• Private money
• Corporate money

Law that banned soft money and forced candidates to explicitly acknowledge approval of all TV ads.

• Federal Regulation of Lobbying Act of 1946
• Federal Election Commission Act of 1971
• Bipartisan Campaign Reform Act of 2002 (McCain-Feingold Act)
• Hatch Act of 1939

Campaign contributions to a political party that are not as regulated

• hard money

• PAC money

• soft money

• clean money

Political action committees that are affiliated with interest groups, like unions

• Super PACs

• connected PACs

• interest PACs

• Donor PACs

Campaign donations that are not limited and not tracked

• soft money

• hard money

• dark money

• Mo money, mo money, mo money