PACs

Behold The 'Hybrid PAC': All The Benefits Of A Regular PAC With The 'Super' Bonuses

Ryan J. Reilly | August 25, 2011, 6:15AM

Until now, there's been two kinds of political action committees. There's your classic PAC, capable of making contributions to federal candidates, but which only runs on donations from individual donors capped at $5,000. Than there are "super" PACs, fueled by unlimited donations from corporations and capable of making independent expenditures, but unable to donate directly to candidates.

Now, thanks to a lawsuit against the Federal Election Commission, you can have the best of both worlds with what the campaign finance world has already dubbed a "hybrid PAC." If you're stuck with a regular old PAC, it's super easy to upgrade. All you have to do is open a separate bank account.

Read more »

PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)
Topics: FEC, Federal Election Commission, PACs, Super PAC