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Elena L [17]
2 years ago
12

What is the purpose of PAC?​

English
1 answer:
Alexandra [31]2 years ago
3 0

The main purpose of a PAC is to raise and distribute funds to advocate the political goals of its members

A general term for political committees organized to raise and spend money to elect and defeat candidates. Most PACs represent business, labor, or ideological interests. The PAC can give the Candidate Committee $ 5,000 for each election (primary, general, or special election).

You can also donate up to $ 15,000 a year to the National Political Party Committee and $ 5,000 to other PACs. PACs can receive up to $ 5,000 per calendar year from individuals, PACs, or political party committees.

The PAC must register with FEC within 10 days of establishment and provide the name and address of the PAC, its accountants, and related organizations. Affiliated PACs are treated as one donor for the donation limit.

Learn more about PAC here :  brainly.com/question/2163285

#SPJ1

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