### Question
How does the law define base period?


### Answer
Under *2 U.S.C. § 441a*, **base period** is defined as:

> the calendar year 1974

#### Citation:
  - *2 U.S.C. § 441a*
  - Heading: **CHAPTER 14-FEDERAL ELECTION CAMPAIGNS   > SUBCHAPTER I-DISCLOSURE OF FEDERAL CAMPAIGN FUNDS**

