PGI logo cropped.png
Congressional Millionaire’s Club
The Personal Gain Index shines a light on how members of Congress benefit during their tenure.





Political action committee

From Ballotpedia
(Redirected from Political Action Committee)
Jump to: navigation, search
See also: PACs and Super PACS
Political Action Committees (PACs) are political committees established and administered by corporations, labor unions, membership organizations or trade associations. The general definition is a group that spends money on elections, but is not run by a party or individual candidate. However, PACs can donate money to parties or candidates they support. These committees raise funds either from individuals associated with the corporation (Separate Segregated Funds) or from any individuals who wish to contribute to the committee (Nonconnected PACs).[1] Nonconnected PACs are financially independent and pay for themselves via the contributions they raise. Separate segregated funds are funded by the organization they are associated with.[2]

In addition, PACs can be broken down into multi-candidate and non multi-candidate categories.

Multi-candidate PACs

Multi-candidate PACs are those that have:[3]

  • over 50 contributors
  • been registered with the FEC for at least 6 months
  • (excluding state party committees) donated to at least 5 federal office candidates.

Multi-candidate PACs can contribute:[3]

  • $5,000 to each candidate or candidate committee per election
  • $15,000 to the national party committee per calendar year
  • $5,000 (combined limit) to state, district and local party committee per calendar year
  • $5,000 to any other political committee per calendar year

Non multi-candidate PACs

Non multi-candidate PACs can contribute:[3]

  • $2,600 to each candidate or candidate committee per election (indexed for inflation)
  • $32,400 to national party committee per calendar year (indexed for inflation)
  • $10,000 (combined limit) to state, district and local party committee per calendar year
  • $5,000 to any other political committee per calendar year

Top PACs in 2013-2014

Open Secrets lists the top PACs that have thus far contributed to candidates in the 2013-2014 election cycle. As of August 2013, the top five are:[4]

  • Northrop Grumman
  • American Federation of Teachers
  • AT&T Inc
  • National Beer Wholesalers Association
  • International Brotherhood of Electrical Workers

References