Hybrid PAC

A hybrid PAC (sometimes called a Carey Committee) is a political committee classification in the United States. It is used by the Federal Election Commission to describe a committee with certain spending and contribution limitations.[1]

The term is related to "super PAC," a committee which may not make contributions to candidate campaigns or parties, but may engage in unlimited political spending independently of the campaigns. Unlike super PACs, however, a hybrid PAC can give limited amounts of money directly to campaigns and committees, while still making independent expenditures in unlimited amounts.[1][2]

The hybrid PAC is required to maintain two separate bank accounts for the two types of expenditures, and to register with the Federal Election Commission (FEC) and report all receipts and disbursements for both accounts.[1] In essence, the hybrid PAC is the equivalent of a traditional PAC and a super PAC operating under the same roof.[2][3][4] The first $5,000 given to a hybrid PAC is given to the traditional PAC, and any funds above that are channeled into the super PAC.[5]

  1. ^ a b c "FEC Terminology for Candidate Committees" (PDF). Federal Election Commission. 2013. Retrieved 2018-12-10.
  2. ^ a b Levinthal, Dave (2012-01-21). "Meet the super super PAC". Politico. Retrieved 2018-12-10.
  3. ^ "Krystal Ball's Democratic PAC gives less than 3 percent of money raised to candidates". Washington Examiner. 13 February 2018.
  4. ^ "Dark Money Basics". OpenSecrets.
  5. ^ "Behold The 'Hybrid PAC': All The Benefits Of A Regular PAC With The 'Super' Bonuses". TPM – Talking Points Memo. 2011-08-25. Retrieved 2024-11-08.