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Can I form my own PAC?

An individual or group can set up a nonconnected committee when it wants to set up a political action committee (PAC), and that PAC is not one of the following: A political party committee. A candidates authorized committee. A separate segregated fund (SSF) established by a corporation or labor organization.

What are the 3 types of PACs?

PACs include separate segregated funds (SSFs), nonconnected committees and Super PACs.

What is a difference between a PAC and a super PAC?

Super PACs. Super PACs, officially known as independent expenditure-only political action committees, are unlike traditional PACs in that they may raise unlimited amounts from individuals, corporations, unions, and other groups to spend on, for example, ads overtly advocating for or against political candidates.

Is soft money unlimited?

As an unlimited resource for parties, soft money contributions and expenditures have grown dramatically.

What are nonconnected committees?

No connected organization A nonconnected committee does not have a connected organizationthat is, no corporation or labor organization establishes, administers or raises money for a nonconnected committee. (An SSF, by definition, always has a sponsoring corporation or labor organization.)