TAILIEUCHUNG - Gale Encyclopedia Of American Law 3Rd Edition Volume 4 P12

Gale Encyclopedia of American Law Volume 4 P12 fully illuminates today's leading cases, major statutes, legal terms and concepts, notable persons involved with the law, important documents and more. Legal issues are fully discussed in easy-to-understand language, including such high-profile topics as the Americans with Disabilities Act, capital punishment, domestic violence, gay and lesbian rights, physician-assisted suicide and thousands more. | ELECTION CAMPAIGN FINANCING 99 than an ad urging the support or defeat of a candidate it could not be banned. Private Funding of Federal Election Campaigns FECA illustrates the way that electioncampaign-finance laws work. FECA requires that candidates for federal office form a campaign committee and a campaign fund and that they disclose campaign contributions to the Federal Election Commission. A candidate is subject to these requirements if the candidate or his or her authorized agent has received campaign contributions totaling more than 5 000 or has made campaign expenditures totaling more than 5 000. Most campaigns for federal office cost considerably more than 5 000 so most candidates are subject to the financial-reporting requirements set by the act. FECA places dollar limits on campaign contributions. For the 2009-2010 campaign cycle for example no person may contribute more than 2 400 per election to a candidate s campaign committee. No person may contribute more than 30 400 in one calendar year to a candidate through the candidate s national political committee and no more than 10 000 may be contributed to other political committees 441a 2 3 . The act also places special limits on contributions by national banks corporations labor organizations and government contractors 441b 441c . A person may contribute unlimited sums of money to the state and national committees of a political party but only if those sums are for the benefit of the party in general. If a contribution is intended to fund a candidate s campaign directly the contribution will be subject to the limits set by the act. FECA makes several exceptions to the limits on contributions made directly to a candidate s campaign committee. It excludes from the definition of contribution assistance such as the donation of real property of services and of funds to buy promotional materials such as bumper stickers handbills and posters 431 8 B . The act also creates a limited exception to limits for .

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