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As of March 2023, the grand total of NRA monies donated to individuals in the legislature or used in efforts to elect these individuals was $27,413,008. Congressional Candidates who received campaign money from the NRA
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.
A 527 organization or 527 group is a type of U.S. tax-exempt organization organized under Section 527 of the U.S. Internal Revenue Code (26 U.S.C. § 527).A 527 group is created primarily to influence the selection, nomination, election, appointment or defeat of candidates to federal, state or local public office.
The bulk of Amazon-affiliated contributions to congressional and federal candidates went to Democrats — around 68% of the total amount of donated dollars, per OpenSecrets. Amazon-affiliated ...
Additional retailers who gave mostly to Democrats this election cycle include Macy’s and its affiliates, which donated a total of $89,940. Of this total, 74.6% went to Democratic federal candidates.
A 527 organization or 527 group is a type of American tax-exempt organization named after "Section 527" of the U.S. Internal Revenue Code. Technically, almost all political committees, including state, local, and federal candidate committees, traditional political action committees, "Super PACs", and political parties are "527s."
H.R. 9495 would authorize the treasury secretary to designate nonprofits as supporters of terrorism and strip them of their tax-exempt status.
Page from the Congressional Record containing a transcript of the passage of the amendment. Paragraph (3) of subsection (c) within section 501 of Title 26 (Internal Revenue Code) of the U.S. Code (U.S.C.) describes organizations which may be exempt from U.S. Federal income tax. 501(c)(3) is written as follows, [4] with the Johnson Amendment in bold letters: [5]