Political Action Committee
Encyclopedia article; The Columbia Encyclopedia, Sixth Edition, 2004.
52323 pgs.

Political Action Committee
Encyclopedia article; The Columbia Encyclopedia, Sixth Edition, 2004
Political Action Committee
Encyclopedia article; The Columbia Encyclopedia, Sixth Edition, 2004
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POLITICAL ACTION COMMITTEE (PAC), U.S. organization formed by a corporation, labor union, or association to raise money for political activity. Funds can be gathered by voluntary contributions from members, employees, or shareholders. Political action committees were first organized in the 1940s. The Political Action Committee organized by the Congress of Industrial Organizations (CIO) in 1943 was a model for later PACs. Since the election reform of 1974, which limited individual campaign contributions and set guidelines for PACs, their numbers grew rapidly to more than 4,000 in 1988; they now number about 3,800. Many represent special-interest groups, e.g., the National Rifle Association of America; others represent large conservative or liberal coalitions. Most PACs have directed their contributions toward congressional elections, in which they can contribute up to $5,000 to a candidate for each campaign (primary, runoff, and general election). Some, however, have conducted independent negative campaigns against candidates they oppose. Increased campaign contributions by PACs have raised fears that legislators may accede to pressure from these groups and become less responsive to their constituents. Federal legislation enacted in 2002 forbids attacks on candidates by name immediately before an election. ____________________The Columbia Encyclopedia, Sixth Edition Copyright© 2004, Columbia University Press. Licensed from Lernout & Hauspie Speech Products N.V. All rights reserved. -38103- | |
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Publication Information: Encyclopedia Article Title: Political Action Committee. Encyclopedia Title: The Columbia Encyclopedia, Sixth Edition. Publisher: Columbia University Press. Place of Publication: New York. Publication Year: 2004.
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