Examples of PAC in the following topics:
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- At the state level, an organization becomes a PAC according to the state's election laws.
- The FECA and the FEC's rules provide for the following: Individuals are limited to contributing $5,000 per year to Federal PACs; corporations and unions may not contribute directly to federal PACs, but can pay for the administrative costs of a PAC affiliated with the specific corporation or union; Corporate-affiliated PACs may only solicit contributions from executives, shareholders, and their families.
- Federal law allows for two types of PACs, connected and non-connected.
- Most of the 4,600 active, registered PACs are "connected PACs" established by businesses, labor unions, trade groups, or health organizations.
- Super PACs may support particular candidacies.
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- These groups pool donations to redistribute to candidates, parties, and other PACs.
- While PACs have existed since the 1940s, the 2010 SpeechNow.org v.
- Before the campaigns even ended, the Super PACs had outspent the top ten PACs from 2008 by at least tenfold.
- A large majority of Super PAC donations also come from wealthy individual donors.
- By October 2012, the top 100 individual Super PAC donors donated 80% of all Super PAC funds, yet made up fewer than 4% of all donors.
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- Federal law allows for multiple types of Political Action Committees, including connected PACs, nonconnected PACs, leadership PACs and Super PACs. 501(c)(4) organizations are defined by the IRS as "social welfare" organizations.
- Technically, almost all political committees, including state, local, and federal candidate committees, traditional political action committees, "Super PACs", and political parties are "527s. " However, in common practice the term is usually applied only to such organizations that are not regulated under state or federal campaign finance laws because they do not "expressly advocate" for the election or defeat of a candidate or party.
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- In the 2012 presidential election, super PACs have played a major role, spending more than the candidates' election campaigns in the Republican primaries.
- As of early April 2012, Restore Our Future—a Super PAC usually described as having been created to help Mitt Romney's presidential campaign—has spent $40 million.
- Federal Election Commission has often been credited for the creation of "super PACs", political action committees which make no contributions to candidates or parties and so can accept unlimited contributions from individuals, corporations, and unions.
- In the 2012 presidential election, super PACs have played a major role, spending more than the candidates' election campaigns in the Republican primaries.
- As of early April 2012, Restore Our Future—a Super PAC usually described as having been created to help Mitt Romney's presidential campaign—has spent $40 million.
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- In recent years, PACs or political action committees, have arisen to amass large funds and produce campaign advertisements on behalf of their favored candidates.
- A 2010 Supreme Court decision in the case known as Citizens United further paved the way for PACs to exert a large influence in general elections.
- According to Citizens United, contributions to PACs are not limited so long as the PACs are not directly affiliated with a candidate.
- Consequently, the 2012 election has witnessed a rise of "super-PACs," political action committees with unprecedented purchasing power who have produced numerous expensive TV and print ads.
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- According to FECA, an organization becomes a PAC when it receives or spends more than $1,000 for the purpose of influencing a federal election.
- A political action committee(PAC) is any organization in the United States that campaigns for or against political candidates, ballot initiatives, or legislation.
- According to the FECA, an organization becomes a PAC when it receives or spends more than $1,000 for the purpose of influencing a federal election.
- Following reports of serious financial abuses in the 1972 Presidential campaign, Congress amended the FECA in 1974 to set limits on contributions by individuals, political parties, and PACs.
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- Political action committees, commonly known as PACs, are groups of donors and advocates who band together to fund advertisements and events on behalf of candidates.
- Federal Election Commission further paved the way for large campaign contributions by allowing unlimited contributions to so-called "super PACs," or political action committees that are not directly connected to candidates.
- Super PACs generally support a candidate by attaining large contributions for expensive television ads.
- Since they are not directly tied to candidates, super PACs often produce attack ads, or negative ads against opposing candidates, that the primary parties would not explicitly endorse.
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- One of the ways in which lobbyists gain access is through assisting congresspersons with campaign finance by arranging fundraisers, assembling PACs, and seeking donations from other clients.
- PACs are fairly easy to set up; all they require is a lawyer and about $300.
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- Requires the disclosure of businesses or organizations that contribute more than 15,000 semiannually in campaign contributions for any federal elected official, candidate (including Senate, House and Presidential), or leadership PAC.
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- It attempted to restrict the influence of wealthy individuals by limiting individual donations to $1,000 and donations by political action committees (PACs) to $5,000.