Talk:Political action committee
The article currently (29 Aug 2005) states that PACs are allowed to give up to $5,000 to other PACs. This looks like a free pass to violate the other funding limits in the list (via a network of like-minded PACs). Do rules exist to prevent this or is it really a loophole? It would be nice if the article addressed the issue.
This is, to my knowledge, possible. However, PACs can better use their money to fund political advertisements that have a larger impact on the electorate than perhaps all the campaign stops a candidate makes. I’m not aware of any group creating a number of “shell PACs” for the purpose of donating monies in excess of established limits.
Should this article be a stub? What about the background of PACs? The Federal Election Campaign Act of 1971 established the rules that govern PACs. Should that be mentioned?
The establishment of PACs should definately be mentioned. I'll put it on my personal to-do list. (Although anyone should feel free to prempt me on this) SanDiegoPolitico 05:32, 17 January 2006 (UTC)
I don't think that GOPAC or GAPAC should be listed under "See Also". That's what the "List of Political Action Committees" article is for. 209.183.241.50 16:14, 13 March 2006 (UTC)
PAC and 501(c)3
Does a pac have to register in a state? Can they be a 501(c)3? What alternatives are there to forming a PAC? Does a PAC have to be a corporation or LLC? Who controls the money a PAC collects? If a PAC disolves then who gets the money? If I form a PAC do I count any money I collect as income?
- My advice--talk to a lawyer before doing anything. Meelar (talk) 18:16, 14 March 2006 (UTC)
Errors in Open Secrets Citation & Re: AIPAC
The page says that "Open Secrets, a website run by the Center for Responsive Politics, categorizes PACs, large and small, as follows:"
First, the categorization does not appear to match that actually used by Open Secrets, which breaks it down primarily by economic sector:
(See the drop-down menu at the center top of the page).
Secondly, I see no evidence that OD lists AIPAC as a PAC, even on their "Pro-Israel" page: http://www.opensecrets.org/pacs/industry.asp?txt=Q05&cycle=2006
... and the Wiki on AIPAC doesn't suggest it's a PAC:
http://en.wikipedia.org/wiki/AIPAC
AFAIK AIPAC is a *lobby group*, not a PAC. I wonder if someone got confused by the appearance of "PAC" in the initials of their name; it stands for "Public Affairs Committee".