Regulating Campaign Finance (cont) Federal Election Campaign Act of 1972 restricted mass media expenditures limited contributions by candidate and family members required disclosure of all contributions over $80 Federal Election Campaign Act of 1974 created the Federal election commission provided public financing of presidential elections limited presidential election campaign spending limited contributions required disclosure of contributions and expendituresRegulating Campaign Finance (cont.) • Federal Election Campaign Act of 1972 – restricted mass media expenditures – limited contributions by candidate and family members – required disclosure of all contributions over $80 • Federal Election Campaign Act of 1974 – created the Federal Election Commission – provided public financing of presidential elections’ – limited presidential election campaign spending – limited contributions – required disclosure of contributions and expenditures