See How Your Politicians Voted
Title: Campaign Reform Act of 2001
Vote Smart's Synopsis:
Vote to pass a bill that would implement reforms in the ways that politicians can raise money and regulate how unions, state political parties, and national political parties can distribute money to individual politicians.
- Bans soft money contributions to national political parties.
- Limits contributions individuals can make to Senate candidates ($2,000 limit) and House candidates ($1,000 limit).
- Raises the limit on individual contributions to national party committees to $25,000 annually.
- Raises the aggregate individual limit on all contributions to federal candidates, political action committees (PACs), and parties to $37,500 annually.
- Raises the special limit on combined contributions to Senate candidates by national and senatorial party committees respectively to $35,000 during an election year.
- Prohibits the use of corporate and labor union funds to purchase issue ads that specify individual candidates from being run 60 days prior to a general election and 30 days before a primary election.
- Stipulates that soft money may comprise half of the total expenditures state and local parties use for voter registration and get-out-the-vote programs.