In the US, a political action committee (PAC) is a 527 organisation that collects member campaign contributions and distributes those funds to campaigns for or against candidates, legislation, or ballot issues.
What is meant by PAC?
- A political action committee (PAC) is an organisation that funds political parties or politicians who support certain political policies by conducting campaigns for such policies.
- Political action committee is referred to as PAC. American Express PAC (AXP PAC) in Washington, D.C. AFSA PAC, a Washington, D.C.-based political action committee.
- United States Bank Federal PAC in Washington, D.C. Political committees that only make independent expenditures are allowed to ask for and accept an unlimited amount of money from people, businesses, labour unions, and other political committees.
- Super PACs and Hybrid PACs do not donate money to candidates because they are unconnected groups that can take an infinite number of contributions from people, businesses, labour unions, and other political committees.
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