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In the United States, a political action committee (PAC) is a tax-exempt 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. [1] [2] The legal term PAC was created in pursuit of campaign finance reform in the United States.
Deere & Company PAC (John Deere PAC) – Moline, IL; Farm Credit Council PAC – Washington, D.C. Koch Industries Action Fund – Wichita, KS; Monsanto Company Citizenship Fund PAC – St. Louis, MO; National Cattlemen's Beef Association PAC (NCBA-PAC) – Centennial, CO; National Chicken Council PAC – Washington, D.C.
The hybrid PAC is required to maintain two separate bank accounts for the two types of expenditures, and to register with the Federal Election Commission (FEC) and report all receipts and disbursements for both accounts. [1] In essence, the hybrid PAC is the equivalent of a traditional PAC and a super PAC operating under the same roof.
The flood of cash into Vice President Harris’s campaign has ripened conditions for “scam PACs,” political committees that say they are raising money for candidates or causes but in reality ...
There are a few ways to go about financing construction in the sports world ... "Twenty new NFL stadiums have opened since 1997 with the help of $4.7 billion in taxpayer funds."
Independent expenditure-only political action committees, better known as super PACs, are a type of political action committee (PAC) in the United States.Unlike traditional PACs, super PACs are legally allowed to fundraise unlimited amounts of money from individuals or organisations for the purpose of campaign advertising; however, they are not permitted to either coordinate with or contribute ...
The Fraternity and Sorority Political Action Committee has stated its support for several issues. The Fraternity and Sorority Political Action Committee (FSPAC) supports passage of the Collegiate Housing and Infrastructure Act, which would allow charitable contributions to be used to make infrastructure improvements to existing fraternity housing and to construct new fraternity housing.
A cryptocurrency nonprofit has launched a new political action committee (PAC) to raise money from its 440,000 members for crypto-friendly politicians, and is endorsing a bipartisan slate of ...