What are some examples of political action committees?
Finance, banking, credit, and insurance
- American Bankers Association PAC – Washington, D.C.
- American Express PAC (AXP PAC) – Washington, D.C.
- American Financial Services Association PAC (AFSA PAC) – Washington, D.C.
- Bank of America Federal PAC – Washington, D.C.
- Capital One Associates PAC – McLean, VA.
What is the purpose of a political committee?
Political committees typically spend money to: support or oppose candidates; support or oppose any levy, referendum, initiative, recall, annexation, incorporation or other ballot proposition; and/or. make contributions to candidates or other committees.
What is the function of a political action committee quizlet?
Political Action Committees (PACs) participate in electioneering by helping to fund campaigns, providing testimony, and recruiting members to volunteer for candidates. A six-member bipartisan agency created by the Federal Election Campaign Act of 1974.
Which of the following statements about political action committees PACs is most accurate?
9. Which of the following statements about political action committees (PACs) is most accurate? Explanation: D PACs are organized in order to campaign for individual candidates, pieces of legislation, or ballot measures.
What are the responsibilities of a political party’s national committee?
Federal law defines a national committee as an organization which, by virtue of the bylaws of a political party, is responsible for the day-to-day operation of the party at the national level, as determined by the Commission.
What are political action committees quizlet?
Political Action Committee (PAC) a private group that raises and distributes funds for use in election campaigns. Allowed to give a limited amount of money directly to a candidate.
Which of the following is the best definition of political action committee *?
A Political Action Committee, or PAC for short, is a group formed for the purpose of contributing money to the campaigns of federal politicians or to support politicians’ campaigns indirectly.
What is a PAC and what does it stand for?
Political action committee
Political action committee/Full name