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 ?
Farris' Madison Project Fund, school prayer booster William Murray's "Government Is Not God" political action committee and Phyllis Schlafly's Eagle Forum also contributed financial support
Jamescita Peshlakai, D-Window Rock, reported raising $5,050 since launching her campaign, almost exclusively from political action committees.
"In the course of a routine audit we realized that the C4 [corporate entity] report inadvertently reflected an expense that belonged to Texas Right to Life's Political Action Committee," the group wrote in its new filing."This report corrects to reflect that the PAC did pay for the expense."
The political action committee's site is clear in its support of Thiel as a potential candidate, even if its origins are less than clear.
"In addition to our advocacy efforts, IPC has a political action committee. The IPC PAC amplifies our industry's voice on Capitol Hill."
Massachusetts State Council of Machinists Political Action Committee and the Massachusetts Teachers Association Independent Expenditure Political Action Committee are union labor super PACs.
Backed by Mayors Against Illegal Guns, the political action committee co-chaired by New York Mayor Michael Bloomberg, dozens of esteemed faith leaders converged on Washington on Friday to kick off National Gun Violence Prevention Sabbath.
Home Depot sponsors a nonpartisan political action committee called “Home Depot Political Action Committee (PAC)” which supports public officials and candidates who are sympathetic to the issues affecting Home Depot.
Join Our Buncombe Solutions said in a donation disclosure report that the school's Student Government Association--funded entirely through student fees--gave the money to the political action committee.
Perron will report to IFA Senior Vice President of Government Relations & Public Policy Judith Thorman, and will serve as the association's day-to-day lobbyist on Capitol Hill, while also directing political strategy for FranPAC, the organization's political action committee that supports pro-business candidates who promote a legislative and regulatory climate favorable to the small-business community.
NAFCU's National Association of Federal Credit Unions Political Action Committee gave $9,081 to federal candidates and committees in April and $66,444 in the first four months of 2011.
Scott Ellison, a partner in the Manchester-based law firm of Cook Little Rosenblatt and Manson and a business law attorney, has been elected chair of the New Hampshire Business Political Action Committee, the political action committee of the Business and Industry Association of New Hampshire.