Political action committees (PACs) are the same thing as 527s.

Question

Quizplus · Accepted Answer

PACs and 527s are not the same thing. PACs are created by corporations, unions, or associations to raise money and support candidates, while 527s are political organizations that aim to influence the nomination, election, or defeat of a particular candidate or political issue through activities like issue advocacy or voter mobilization. While both may engage in political spending, they are subject to different regulations and reporting requirements under the law.

Political Action Committees (PACs) Are the Same Thing as 527s