Political Committee Law and Legal Definition
According to 2 USCS § 431 the term political committee means
"(A) any committee, club, association, or other group of persons which receives contributions aggregating in excess of $ 1,000 during a calendar year or which makes expenditures aggregating in excess of $ 1,000 during a calendar year; or
(B) any separate segregated fund established under the provisions of section 316(b) [2 USCS § 441b(b)]; or
(C) any local committee of a political party which receives contributions aggregating in excess of $ 5,000 during a calendar year, or makes payments exempted from the definition of contribution or expenditure as defined in section 301 (8) and (9) aggregating in excess of $ 5,000 during a calendar year, or makes contributions aggregating in excess of $ 1,000 during a calendar year or makes expenditures aggregating in excess of $ 1,000 during a calendar year.” ()
According to 26 USCS § 9002 [Title 26. Internal Revenue Code; Subtitle H. Financing of Presidential Election Campaigns; Chapter 95. Presidential Election Campaign Fund] the term political committee means “any committee, association, or organization (whether or not incorporated) which accepts contributions or makes expenditures for the purpose of influencing, or attempting to influence, the nomination or election of one or more individuals to Federal, State, or local elective public office.”
