What does political action committee mean?

Definitions for political action committee
po·lit·i·cal ac·tion com·mit·tee

This dictionary definitions page includes all the possible meanings, example usage and translations of the word political action committee.

Princeton's WordNet

  1. political action committee, PACnoun

    committee formed by a special-interest group to raise money for their favorite political candidates

Wikipedia

  1. Political action committee

    In the United States, a political action committee (PAC) is a 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. The legal term PAC was created in pursuit of campaign finance reform in the United States. Democracies of other countries use different terms for the units of campaign spending or spending on political competition (see political finance). At the U.S. federal level, an organization becomes a PAC when it receives or spends more than $1,000 for the purpose of influencing a federal election, and registers with the Federal Election Commission (FEC), according to the Federal Election Campaign Act as amended by the Bipartisan Campaign Reform Act of 2002 (also known as the McCain–Feingold Act). At the state level, an organization becomes a PAC according to the state's election laws. Contributions to PACs from corporate or labor union treasuries are illegal, though these entities may sponsor a PAC and provide financial support for its administration and fundraising. Union-affiliated PACs may solicit contributions only from union members. Independent PACs may solicit contributions from the general public and must pay their own costs from those funds.

ChatGPT

  1. political action committee

    A Political Action Committee (PAC) is an organization in the United States that collects money from its members and donates those funds to political campaigns for, or against policies, candidates, or legislation. PACs are used as a means for corporations, labor unions, or other groups to participate in political elections or any legislative-related advocacy. They are subject to regulation by the Federal Election Commission.

Wikidata

  1. Political action committee

    In the United States, a Political Action Committee is a type of organization that pools campaign contributions from members and donates those funds to campaign for or against candidates, ballot initiatives or legislation. At the federal level, an organization becomes a PAC when it receives or spends more than $1,000 for the purpose of influencing a federal election, according to the Federal Election Campaign Act. At the state level, an organization becomes a PAC according to the state's election laws.

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Numerology

  1. Chaldean Numerology

    The numerical value of political action committee in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of political action committee in Pythagorean Numerology is: 1

Examples of political action committee in a Sentence

  1. Jordan Libowitz:

    The purpose of a PAC, or a political action committee, is essentially they get donations and then they spend those donations to help elect people to office. What we call The PAC is one that raises the money under those guises and then basically pays themselves and their friends.

  2. Chip Englander:

    America has intractable problems and it’s going to take a transformational leader to fix them, rand Paul is going to be the bold, transformational figure in this race. The reported hire comes as Paul's potential rivals for the Republican nomination begin jostling for position. The Washington Post reported Monday that former Massachusetts Gov. Mitt Romney, the GOP's nominee in 2012, had begun reaching out to former advisers, donors, and allies about the possibility of a third presidential bid. Former Florida Gov. Jeb Bush, who filed paperwork to form a political action committee last week, will travel to California later this week for fundraising events. A memo sent to Rand Paul donors and allies touted Englander as a man who had helped elect a Republican governor in President Barack Obama's home state, which the president.


Translations for political action committee

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"political action committee." Definitions.net. STANDS4 LLC, 2024. Web. 27 Feb. 2024. <https://www.definitions.net/definition/political+action+committee>.

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