Throughout the congressional battle on the bill, Bush declined to take a strong position. However, in March 2002, Bush signed into law the Bipartisan Campaign Reform Act, stating that he thought the law would improve the financing system for elections but was 'far from perfect.' The law placed several limits on political donations and expenditures, and closed loopholes on contribution limits on donations to political candidates by banning the use of so-called 'soft money.' Throughout the congressional battle on the bill, Bush declined to take a strong position. However, in March 2002, Bush signed into law the Bipartisan Campaign Reform Act, stating that he thought the law would improve the financing system for elections but was 'far from perfect.' The law placed several limits on political donations and expenditures, and closed loopholes on contribution limits on donations to political candidates by banning the use of so-called 'soft money.'