Mccain-Feingold Act
/ˈmækkeɪn ˈfeɪŋɡoʊld ækt/
Definitions
- (n.) A U.S. federal law enacted in 2002 aimed at regulating the financing of political campaigns by limiting soft money contributions to political parties and restricting campaign advertising.
The McCain-Feingold Act significantly changed the landscape of campaign finance reform in the United States.
Commentary
Also known as the Bipartisan Campaign Reform Act of 2002; important to note its role in limiting soft money and regulating electioneering communications.