Federal Election Campaign Act (FECA)
A 1971 law that governs the financing of federal elections, the Federal Election Campaign Act was amended in 1974, 1976 and 1979. The act requires candidates and political committees to disclose the sources of their funding and how they spend their money; it regulates the contributions received and expenditures made during federal election campaigns; and it governs the public funding of presidential elections. Read more about Federal Election Campaign Act (FECA)