Studied by 0 people
Political action committee (PAC)
The political arm of an interest group that is legally entitled to raise funds on a voluntary basis from members, stockholders, or employees to contribute funds to candidates or political parties.
Leadership PAC
A PAC formed by an officeholder that collects contributions from individuals and other PACs and then makes contributions to other candidates and political parties.
Bundling
A tactic in which PACs collect contributions from like-minded individuals (each limited to $2000) and present them to a candidate or political party as a "bundle," thus increasing the PAC's influence.
Independent expenditures
The Supreme Court has ruled that individuals, groups, and parties can spend unlimited amounts in campaigns for or against candidates as long as they operate independently from the candidates. When an individual, group, or party does so, they are making an independent expenditure.
527 organization
A political group organized under section 527 of the IRS code that may accept and spend unlimited amounts of money on election activities so long as they are not spent on broadcast ads run in the last 30 days before a primary or 60 days before a general election in which clearly identified candidate is referred to and a relevant electorate is targeted.
Political party
An organization that seeks political power by electing people to office so that its positions and philosophy become public policy.
Nonpartisan election
A local or judicial election in which candidates are not selected or endorsed by political parties and party affiliation is not listed on ballots.
Patronage
The dispensing of government jobs to persons who belong to the winning political party.
Independent expenditure
The Supreme Court has ruled that individuals, groups, and parties can spend unlimited amounts in campaigns for or against candidates as long as they operate independently from the candidates. When an individual, group, or party does so, they are making an independent expenditure.
Caucus
A meeting of local party members to choose party officials or candidates for public office and to decide the platform.
