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Bipartisan Campaign Reform Act of 2002 Now in Effect
The Bipartisan Campaign Finance Reform Act of 2002 (BCRA) became effective on November 6, 2002. This new law includes provisions outlawing soft money and electioneering communications, among other things. The new contribution limits by individuals to candidates and parties, however, do not become effective until January 1, 2003. Please note that certain soft money and electioneering communications provisions of the BCRA are not applicable to the runoff election in Louisiana on December 7, 2002. More information about the BCRA and its consequences will follow in future issues of Election Law News.