S 27 - Campaign Reform Act of 2001 - National Key Vote

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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 and limits how state parties can spend soft money contributions.
  • Doubles the limit on individual contributions to federal candidates to $2,000.
  • Doubles the limit on individual contributions to state party committees to use in federal elections.
  • Raises the limit on individual contributions to national party committees to $25,000 annually.
  • Raises the aggregate individual limit on contributions to federal candidates, political action committees (PACs), and parties to $37,500 annually.
  • Prohibits the use of corporate and labor union funds for broadcast ads that mention a federal candidate's name within 60 days of a general election and within 30 days of a primary election.
  • Raises contribution limits for individuals running against self-financed candidates in some cases.
  • Requires broadcasters to charge candidates and parties at their lowest advertising rates.
  • Prohibits contributions in federal, state or local elections by foreigners.