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what is the mccain-feingold campaign?
- 1 decade agoFavorite Answer
The McCain-Feingold Act, Public Law 107-155, is the US federal law that regulates the financing of political campaigns; chief sponsors were Senators John McCain and Russell Feingold. The law became effective 6 November 2002.
It is ironic that the legislation is known as "McCain-Feingold" because the Senate version is not the bill that became law. Instead, the companion legislation, introduced by Rep. Christopher Shayes, is the version that became law. Shays-Meehan was originally introduced as H.R. 380.
The law, also known as the Bipartisan Campaign Reform Act, focused on areas:
Soft money in campaign financing
Issue ads and
Controversial campaign practices during the 1996 federal elections
Increasing political contribution limits for private individuals
The law was in development for a long time, first being introduced in 1995. It is the first major change in campaign finance law since the Federal Election Campaign Act of 1971.
On 22 January 2001, Sen. John McCain introduced. Eventually, the bill would have 41 sponsors:
Sen Feingold, Russell D. - 1/22/2001
Sen Cochran, Thad - 1/22/2001
Sen Levin, Carl - 1/22/2001
Sen Thompson, Fred - 1/22/2001
Sen Lieberman, Joseph I. - 1/22/2001
Sen Collins, Susan M. - 1/22/2001
Sen Schumer, Charles E. - 1/22/2001
Sen Snowe, Olympia J. - 1/22/2001
Sen Wellstone, Paul D. - 1/22/2001
Sen Jeffords, James M. - 1/22/2001
Sen Reed, Jack - 1/22/2001
Sen Durbin, Richard - 1/22/2001
Sen Wyden, Ron - 1/22/2001
Sen Kohl, Herb - 1/22/2001
Sen Boxer, Barbara - 1/22/2001
Sen Harkin, Tom - 1/22/2001
Sen Stabenow, Debbie - 1/22/2001
Sen Cantwell, Maria - 1/22/2001
Sen Kerry, John F. - 1/22/2001
Sen Dayton, Mark- 1/22/2001
Sen Corzine, Jon S. - 1/22/2001
Sen Cleland, Max - 1/23/2001
Sen Nelson, Bill - 1/23/2001
Sen Mikulski, Barbara A. - 1/24/2001
Sen Carper, Thomas R. - 1/24/2001
Sen Feinstein, Dianne - 1/24/2001
Sen Lincoln, Blanche L. - 1/25/2001
Sen Carnahan, Jean - 1/30/2001
Sen Bingaman, Jeff ]- 1/30/2001
Sen Bayh, Evan - 1/30/2001
Sen Johnson, Tim - 2/8/2001
Sen Leahy, Patrick J. - 2/8/2001
Sen Sarbanes, Paul S. - 2/8/2001
Sen Reid, Harry - 2/8/2001
Sen Miller, Zell - 2/27/2001
Sen Clinton, Hillary Rodham - 2/27/2001
Sen Edwards, John - 3/8/2001
Sen Dorgan, Byron L. - 3/14/2001
Sen Landrieu, Mary L. - 3/14/2001
Sen Graham, Bob - 3/15/2001
Sen Dodd, Christopher J. - 3/30/2001
The Senate passed the bill, 59-41, on 2 April 2001. (Roll Call Vote)
Democrats voting no:
Breaux , Hollings , Nelson,
Republicans voting yes:
Chafee , Cochran , Collins , Domenici , Fitzgerald , Jeffords , Lugar , McCain, Snowe , Specter, Stevens , Thompson
On 18 June 2001, the bill was referred to the House Subcommittee on Telecommunications and the Internet, where it sat.
On 28 June 2001, HR 2356 was introduced in the House. On Valentine's Day 2002, the House approved the bill, 240 - 189. (Roll Call Vote no)
On 20 March 2002, the Senate concurred with the House version of the bill, by a 60-40 vote. (Roll Call Vote)
Democrats voting no:
Breaux (D-LA), Nelson (D-NE)
Republicans voting yes:
Chafee (R-RI), Cochran (R-MS), Collins (R-ME), Domenici (R-NM), Fitzgerald (R-IL), Jeffords (R-VT), Lugar (R-IN), McCain (R-AZ), Snowe (R-ME), Specter (R-PA), Stevens (R-AK), Thompson (R-TN)
The McCain-Feingold-Cochran campaign reform bill is similar to the bills that were debated in the 105th and 106th Congresses. A strong bipartisan majority of both the House and the Senate favors this reform. It contains the following major components:
A Ban on Soft Money. The bill would prohibit all soft money contributions to the national political parties from corporations, labor unions, and wealthy individuals. State parties that are permitted under state law to accept these unregulated contributions would be prohibited from spending them on activities relating to federal elections, including advertising that supports or opposes a federal candidate. In addition, federal candidates would be prohibited from raising soft money. These provisions would shut down the Washington soft money machine, prohibiting the $100,000, $250,000 and even $500,000 contributions that for the last decade have flowed to the political parties.
McCain-Feingold-Cochran would also double the amount of "hard" money individuals may contribute to state parties for use in federal elections, from $5,000 to $10,000. It would increase the amount of "hard" money an individual may contribute in aggregate to all federal candidates, parties, and PACs in a singleSource(s): http://uspolitics.about.com/od/finance/a/mccain_fe... http://www.campaignfinancesite.org/legislation/mcc...
- Anonymous1 decade ago
Just google McCain Feingold campaign finance reform..