The Bipartisan Campaign Reform Act of 2002
Overview of FEC Implementation of McCain-Feingold
On June 22, 2002, the Federal Election Commission promulgated new and revised rules based on provisions of the Bipartisan Campaign Reform Act of 2002 (BCRA) that restrict and, in some cases, ban the receipt, solicitation, and use of nonfederal funds (sometimes called "soft money"). These rules: Prohibit national parties from raising or spending nonfederal funds; Require State, district, and local party committees to fund certain "Federal election activities" with Federal funds and, in some cases, with money raised according to new limitations, prohibitions, and reporting requirements (i.e., "Levin funds"), or with a combination of such funds; and Address fundraising by…
