What is the purpose of a 527 group?
A 527 organization or 527 group is a type of U.S. tax-exempt organization organized under Section 527 of the U.S. Internal Revenue Code (26 U.S.C. § 527). A 527 group is created primarily to influence the selection, nomination, election, appointment or defeat of candidates to federal, state or local public office.
What is a key difference between 527 and 501 C )( 4 groups quizlet?
The main difference between a 527 Committee and a 501c(4) Committee is that… A 501c(4) is not legally required to disclose where it gets its money, while a 527 is legally required to do so.
What is the primary function of PACS?
In the United States, a political action committee (PAC) is a 527 organization, that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation.
What is a FEC?
The Federal Election Commission enforces federal campaign finance laws, including monitoring donation prohibitions, and limits and oversees public funding for presidential campaigns.
How do 527s and 501 C )( 4 S differ from more traditional campaign finance groups such as political action committees quizlet?
How do 527s and 501(c)(4)s differ from more traditional campaign finance groups such as political action committees? These groups cannot coordinate directly with campaigns. These groups are not subject to the spending limits of the Bipartisan Campaign Finance Reform Act.
Which of the following would be considered a public outreach activity used by interest groups?
Which of the following would be considered a public outreach activity used by interest groups? Hosting a protest on the steps of congress and creating public service announcements to be aired on television.
What is a 527 group?
Unsourced material may be challenged and removed. A 527 organization or 527 group is a type of U.S. tax-exempt organization organized under Section 527 of the U.S. Internal Revenue Code ( 26 U.S.C. § 527 ).
What does 527 Status mean for political committees?
Nothing prevents an organization or individual from raising money without filing as a 527, but 527 status means not having to pay tax on donations. In addition, there may be other state or federal election rules that restrict what can be done with that money. The bottom line: 527 status provides a good deal of flexibility for political committees.
What is a group in chemistry?
In chemistry, a group is a vertical column in the Periodic Table. Groups may be referred to either by number or by name. For example, Group 1 is also known as the Alkali Metals.
What is a functional group in chemistry?
A functional group or moiety is a specific group of atoms within a molecule that is responsible for characteristic chemical reactions of that molecule. No matter what size a molecule is, a functional group participates in chemical reactions in a predictable manner.