Article
Forming a Corporate Political Action Committee
Corporations often establish federal political action committees (“PAC”) to support the election of officials who are aligned with their businesses’ policy goals. PACs are necessary because the [United States] Federal Election Campaign Act (“FECA”) prohibits using corporate treasury funds to support federal candidates or political parties…A PAC is somewhat different from other entities associated with a corporation. It is a separate entity, but still managed by, and part of, the corporation.