The fundraising arms of interest groups that have been organized to meet the requirements of state and federal campaign finance laws are called political action committees.

Question

Quizplus · Accepted Answer

This statement is true. Political action committees (PACs) are fundraising entities that are established by interest groups in order to legally participate in campaign finance activities at the state and federal level. PACs are subject to specific regulations and restrictions under campaign finance laws.

The Fundraising Arms of Interest Groups That Have Been Organized