Political Action Committee (PAC) Law and Legal Definition
Political Action Committees (PAC) are political groups that are not formally related to a particular political party, but are associated with other groups like labor unions, corporations, etc. PAC's try to influence elections and candidates by giving money to them so that they can later have laws passed that would favor their group. PACs rose to prominence after the Federal Election Campaign Act (1971) which, limited the amount of money any corporation, union, or private individual could give to a candidate. PACs allow organizations to contribute money to federal elections, control the disbursement of funds, solicit contributions from an organization's shareholders and employees, and accept contributions from any lawful source.