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-It limits the amounts that can be contributed to any candi in any Federal election, and it limits the amounts that those candida expend in their campaigns. public financing for Presidential DOminating conventions and Preside elections through use of the $1 voluntary tax checkoff.
The chair of the commission in 2022 is Allen Dickerson, who was elected in December 2021, succeeding Shana Broussard.
Following reports of serious financial abuses in the 1972 presidential campaign, Congress amended the Federal Election Campaign Act in 1974 to set limits on contributions by individuals, political parties and PACs. The 1974 amendments also established an independent agency, the FEC. The FEC opened its doors in 1975.
The Federal Election Commission (FEC) enforces federal campaign finance laws, including monitoring donation prohibitions, and limits and oversees public funding for presidential campaigns.
As an unlimited resource for parties, soft money contributions and expenditures have grown dramatically.
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