political action committee


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political action committee

(PAC), U.S. organization formed by a corporation, labor union, or association to raise money for political activity. Funds can be gathered by voluntary contributions from members, employees, or shareholders. Political action committees were first organized in the 1940s. The Political Action Committee organized by the Congress of Industrial Organizations (CIO) in 1943 was a model for later PACs. The election reform of 1974 limited individual campaign contributions and set guidelines for PACs; a Supreme Court ruling in 2010 ended restrictions on their funding. Many PACs represent special-interest groups, e.g., the National Rifle Association of America; others represent large conservative or liberal coalitions. Others are aligned with individual political campaigns, though their efforts cannot be coordinated with those of the candidate's campaign. Many PACs have directed their contributions toward congressional elections, in which they can contribute up to $5,000 to a candidate for each campaign (primary, runoff, and general election). Some, however, conduct independent negative campaigns against candidates they oppose, both in primary and general elections. Federal legislation enacted in 2002 barred attacks on candidates by name immediately before an election, but that rule was eased by a Supreme Court decision in 2007. Since the Court decision of 2010 that eased fund-raising restrictions on PACs, groups known as super PACs have arisen; these seek large, unlimited donations, often from a few wealthy contributors, and have tended to work for the election of a specific candidate.
References in periodicals archive ?
1, five new political action committees have registered with the Office of Campaign and Political Finance, four of which are independent expenditure committees, commonly known as super PACs.
CONTACT: Megha Chokshi of US India Political Action Committee, +1-703-587-4156, or +1-703-796-6628
5 million, gave nearly $13,000 to Cameron's group and to his own political action committee, the Newhall Civic Improvement Association.
Black America's PAC (BAMPAC), founded in 1994 is the largest minority political action committee in the country and ranks in the top 50 among over 4,000 registered political action committees.
Solutia selected Vocus Political Action Committee to manage all state and federal PAC reporting requirements and to enable its employees to participate more actively in the U.
Cameron's group has also made several large donations to other local political action committees that have supported Heidt and McLean, according to records released this week by the Santa Clarita City Clerk's Office.
The Fannie Lou Hamer Political Action Committee, supported by the city of Detroit, the office of Mayor Kwame Kilpatrick and the labor community (which includes the United Auto Workers, AFSCME, Metropolitan AFL-CIO, Service Employees International Union, faith-based organizations and community groups) will join together urging Detroiters to go to the polls and vote.
Three political action committees sent out glossy brochures touting three-time candidate Marsha McLean over the weekend, giving her campaign a last-minute boost, election observers said.
She is a member of the Latino Political Action Committee and has served on the board of the National Women's Political Caucus, San Francisco chapter.
AT&T noted that, as authorized by federal law, the company sponsors a political action committee supported solely by contributions from employees.
IQPAC, a local political action committee, spent $4,300 on a mailer touting McLean's candidacy to several thousand Santa Clarita residents.
WASHINGTON -- In response to the recommendations of the President's Advisory Panel on Federal Tax Reform, members of the Microcap Company Political Action Committee (MCPAC) and the National Small Public Company Leadership Council welcome the Panel's focus on simplicity and fairness in recognizing the vast differences in tax burdens for small businesses and large corporations.