More Headaches Ahead for Tax-Exempt Groups?
These included “shape shifting,” or morphing structure repeatedly over the years, operating at times as a 527 political organization, a 501(c)(4) social welfare group or an unrestricted super PAC.
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These included “shape shifting,” or morphing structure repeatedly over the years, operating at times as a 527 political organization, a 501(c)(4) social welfare group or an unrestricted super PAC.
“An individual may contribute bitcoins to a campaign or a PAC, but a PAC cannot contribute bitcoins to a campaign,” said Backer. “Because it is a thing, it has value.
But over at House Majority PAC, a super PAC that works to elect House Democrats, receipts shot up 600 percent over the past month, which encompassed the shutdown and its aftermath.
There’s nothing illegal about the Conservative Action Fund, which is technically a “hybrid” PAC that operates both a conventional PAC and an unrestricted super PAC out of separate accounts.
style="padding-left: 30px">Bachmann faces a federal grand jury probe and a potential House Ethics Committee investigation, not to mention possible FEC action, amid allegations involving her leadership PAC
In particular, Bachmann is accused of using her leadership PAC, Michele PAC, to subsidize her presidential campaign activities, particularly when it came to paying Guy Short, the director of the