STATUTORY SCOPE 1. Types of Statutes There are four main types of federal campaign financing laws: • Laws that limit the amount of contributions; • Laws that prohibit contributions by persons and entities whose participation in the federal election process has been deemed by Congress to present a sufficient potential for corruption as to warrant outright prohibition; • Transparency laws that place before the voting public pertinent facts concerning the raising and spending of campaign funds; and • Public funding laws, which, at the time of this edition, apply federally only to the campaigns of candidates seeking election to the Presidency. The federal statute that regulates the financing of federal campaigns and ensures campaign transparency is the Federal Election Campaign Act of 1971, as amended (FECA or the Act). 52 U.S.C. §§ 30101, et seq. 49 The Act was amended significantly in 1974, 1976, 1979, and most recently in 2002. The 2002 amendments were contained in the Bipartisan Campaign Reform Act (BCRA). More recently, decisions by the U.S. Supreme Court and some U.S. Courts of Appeals have significantly limited what is prohibited under the statute. FECA’s provisions were housed in Title 2 of the United States Code until September 1, 2014, when it was transferred to Title 52. 49 124