About the bill
The Federal Election Campaign Act of 1971 (FECA, Pub.L. 92–225, 86 Stat. 3, enacted February 7, 1972, 52 U.S.C. § 30101 et seq.) is the primary United States federal law regulating political campaign spending and fundraising. The law originally focused on increased disclosure of contributions for federal campaigns. The S. 382 legislation was passed by the 92nd U.S. Congressional session and signed by the 37th President of the United States Richard Nixon on February 7, 1972.
In 1974, the Act was amended to place legal limits on the campaign contributions and expenditures. The 1974 amendments also created the Federal Election Commission (FEC).
The Act was amended again in 1976, in response to the provisions ruled unconstitutional by Buckley v. Valeo, including the structure of the FEC ...