### Question
How is the term base period defined?


### Answer
The term **base period** is defined in *2 U.S.C. § 441a* as the following:

> the calendar year 1974

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

