Political Action Committee (PAC)

The video tutorial explains the structure and regulations of Political Action Committees (PACs), including connected, non-connected, super, and hybrid PACs. It covers how these entities raise and spend money, the limitations imposed by the Federal Election Commission (FEC), and the different types of PACs, such as connected and non-connected PACs, super PACs, and hybrid PACs. The tutorial also highlights the importance of understanding FEC rules and the impact of PACs on political campaigns.

What is the primary purpose of a Political Action Committee (PAC)?

• To manage political party memberships

• To organize political debates

• To raise and spend money to influence elections

• To create political advertisements

Which type of PAC is typically sponsored by unions or businesses?

• Hybrid PAC

• Connected PAC

• Super PAC

• Non-connected PAC

What distinguishes a non-connected PAC from a connected PAC?

• It is only formed by political candidates

• It has no spending limits

• It can receive funds from open sources

• It is sponsored by a specific organization

What is a leadership PAC primarily used for?

• To organize political rallies

• To manage a candidate's personal finances

• To donate to other candidates and influence elections

• To fund a candidate's official campaign

What is a key characteristic of a super PAC?

• It can donate directly to candidates

• It is connected to a specific candidate

• It can raise unlimited sums of money

• It is exempt from FEC reporting requirements

How does a hybrid PAC differ from a super PAC?

• It is not required to disclose its donors

• It can donate directly but with limitations

• It cannot make independent expenditures

• It is only active during election years

What is required of super PACs in terms of financial reporting?

• They only report during election years

• They report directly to the candidates they support

• They must report monthly or semi-annually to the FEC

• They are exempt from all financial reporting