Federal Election Campaign Act
Federal Election Campaign Act of 1971
§ LEGISLATIONcampaign finance· 1972
What It Did
Required full disclosure of federal campaign contributions and expenditures, and limited spending on media advertising. Subsequent 1974 amendments created the Federal Election Commission, established contribution limits, and created the presidential public financing system.
The Vote
House · 334–20 (passage)
D
205 YEA · 12 NAY
R
129 YEA · 8 NAY
Senate · 88–2 (passage)
D
51 YEA · 1 NAY
R
37 YEA · 1 NAY
Key Sponsors
→ Howard Cannon (D-NV) · Senate
→ Wayne Hays (D-OH) · House
Sources: Congress.gov · VoteView · FRED
In the Years Following
Economic indicators related to this law, showing 5 years before through 10 years after.
Corporate Profits After Tax
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CPI — All Items
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Many factors influence economic outcomes. This chart shows trends in the years surrounding this legislation — not necessarily caused by it.