Campaign finance laws can significantly impact elections by regulating the amount of money individuals and organizations can contribute to candidates and parties. Stricter laws aim to limit the influence of special interests and promote transparency in political funding. However, these laws can also lead to unintended consequences, such as increasing reliance on super PACs, which can raise unlimited funds independently of candidates. Ultimately, the balance between regulating campaign finance and ensuring free political speech remains a contentious issue in electoral politics.