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Campaign finance laws in the United States have been a contentious political issue since the early days of the union. The most recent major federal law affecting campaign finance was the Bipartisan Campaign Reform Act (BCRA) of 2002, also known as "McCain-Feingold". Key provisions of the law prohibited unregulated contributions to national political parties and limited the use of corporate and union money to fund ads discussing political issues within 60 days of a general election or 30 days of a primary election; However, provisions of BCRA limiting corporate and union expenditures for issue advertising were overturned by the Supreme Court in Federal Election Commission v. Wisconsin Right to Life.
In the United States, a political action committee (PAC) is a tax-exempt 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. The legal term PAC was created in pursuit of campaign finance reform in the United States. Democracies of other countries use different terms for the units of campaign spending or spending on political competition. At the U.S. federal level, an organization becomes a PAC when it receives or spends more than $1,000 for the purpose of influencing a federal election, and registers with the Federal Election Commission (FEC), according to the Federal Election Campaign Act as amended by the Bipartisan Campaign Reform Act of 2002. At the state level, an organization becomes a PAC according to the state's election laws.
Campaign finance, also known as election finance, political donations or political finance, refers to the funds raised to promote candidates, political parties, or policy initiatives and referendums. Donors and recipients include individuals, corporations, political parties, and charitable organizations.
A 527 organization or 527 group is a type of U.S. tax-exempt organization organized under Section 527 of the U.S. Internal Revenue Code. A 527 group is created primarily to influence the selection, nomination, election, appointment or defeat of candidates to federal, state or local public office.
The National Republican Congressional Committee (NRCC) is the Republican Hill committee which works to elect Republicans to the United States House of Representatives.
In the United States, a political party committee is an organization, officially affiliated with a political party and registered with the Federal Elections Commission (FEC), which raises and spends money for political campaigning. Political party committees are distinct from political action committees, which are formally independent of political parties and subject to different rules.
A publicly funded election is an election funded with money collected through income tax donations or taxes as opposed to private or corporate funded campaigns. It is a policy initially instituted after Nixon for candidates to opt into publicly funded presidential campaigns via optional donations from tax returns. It is an attempt to move toward a one voice, one vote democracy, and remove undue corporate and private entity dominance.
Matching funds are funds that are set to be paid in proportion to funds available from other sources. Matching fund payments usually arise in situations of charity or public good. The terms cost sharing, in-kind, and matching can be used interchangeably but refer to different types of donations.
The financing of electoral campaigns in the United States happens at the federal, state, and local levels by contributions from individuals, corporations, political action committees, and sometimes the government. Campaign spending has risen steadily at least since 1990.
ActBlue Charities Inc. is an American political action committee and fundraising platform established serving left-leaning and Democratic nonprofits and politicians. Its Republican counterpart is WinRed.
In the 2008 United States presidential election, fundraising increased significantly compared to the levels achieved in previous presidential elections.
Electoral reform in the United States refers to efforts to change American elections and the electoral system used in the United States.
Citizens United v. Federal Election Commission, 558 U.S. 310 (2010), is a landmark decision of the Supreme Court of the United States regarding campaign finance laws and free speech under the First Amendment to the U.S. Constitution. The court held 5–4 that the freedom of speech clause of the First Amendment prohibits the government from restricting independent expenditures for political campaigns by corporations, including nonprofit corporations, labor unions, and other associations.
Proposition 27 was an unsuccessful ballot proposition on the November 2, 2010 ballot in California, placed there by the initiative process. If approved, this measure would have repealed California Proposition 11 (2008), which authorized the creation of the California Citizens Redistricting Commission to draw the electoral boundaries for State Assembly and State Senate districts. It would also have modified the provision in California law that says that proposed congressional districts can not be subjected to a veto referendum.
Political party funding is a method used by a political party to raise money for campaigns and routine activities. The funding of political parties is an aspect of campaign finance.
In politics, particularly the politics of the United States, dark money refers to spending to influence elections, public policy, and political discourse, where the source of the money is not disclosed to the public.
The Hillary Victory Fund was a joint fundraising committee for Hillary for America, the Democratic National Committee (DNC), and 33 state Democratic committees. As of May 2016, the Fund had raised $61 million in donations.
FEC v. National Conservative PAC, 470 U.S. 480 (1985), was a decision by the Supreme Court of the United States striking down expenditure prohibitions of the Federal Election Campaign Act of 1971 (FECA), which regulates the fundraising and spending in political campaigns. The FECA is the primary law that places regulations on campaign financing by limiting the amount that may be contributed. The Act established that no independent political action committee may contribute more than $1,000 to any given presidential candidate in support of a campaign.
Pro-Israel America is an American advocacy and lobbying group that supports pro-Israel policies. It serves as a channel for donations between members and endorsed candidates, which includes incumbent Members of Congress or challengers regardless of political affiliation. It is closely affiliated with the American Israel Public Affairs Committee and has a bipartisan history of endorsements.
References
- ↑ Open Secrets. "Large Versus Small Individual Donations". OpenSecrets. Retrieved 2023-10-06.
- ↑ "Biden re-elect a new test for record-breaking small-dollar operation". NBC News. April 27, 2023.
- ↑ OpenSecrets. "Contribution Limits". OpenSecrets. Retrieved 2023-10-10.
- ↑ "Battle for small donors forces 2020 Democrats to get creative with merchandise". CBS News. November 5, 2019.
