Bipartisan Campaign Reform Act
The Bipartisan Campaign Reform Act (BCRA), also known as the McCain-Feingold Act, was enacted in 2002 to regulate campaign financing in the United States. It aimed to reduce the influence of money in politics by banning soft money contributions to political parties and imposing stricter limits on individual contributions to candidates.
The BCRA also addressed issue advocacy ads, requiring organizations to disclose their funding sources and limiting the timing of such ads before elections. This legislation was a response to growing concerns about the impact of large donations on the electoral process and aimed to promote transparency and fairness in U.S. elections.