Campaigns/Finance/PACs Flashcards
Majority-minority districts
A majority-minority district is one in which a racial or ethnic minority makes up a large-enough share of the electorate to assure that the community has a reasonable chance to elect the candidate of their choice.
Caucuses (as part of the presidential nominating process)
caucuses are all day gatherings where people from the same party get together to talk and strategize. These caucuses have delegates which then vote on a presidential nominee (dc this)
Super-Delegates
(in the Democratic Party) an unelected delegate who is free to support any candidate for the presidential nomination at the party’s national convention.
Candidate-centered versus party-centered campaigns
party centered: messaging, money, recruitment of candidates
candidate centered: self-selected, self-funded, fundraising
**party centered campaigns help responsible party government and most candidate centered campaigns loose
Bundling (regarding campaign contributions)
A bundled contribution is any contribution that is either:
Forwarded to a reporting committee by a lobbyist/registrant or lobbyist/registrant PAC;
or
Received by the reporting committee and credited to a lobbyist/registrant or lobbyist/registrant PAC through “records, designations, or other means of recognizing that a certain amount of money has been raised.”
Federal Election Campaign Act (historic now, from the 1970s)
created reporting requirements for federal candidates and a legal framework for political action committees (PACs).
1974 amendments:
individuals can contribute $1,000 per election
and PACs can contribute $5,000 per election
Bipartisan Campaign Reform Act – also known as the McCain-Feingold law
all contributions to parties are now counted against a limit (no more “soft money”)
inflation-adjusted contribution limits rise with each election: 2700/candidate/election
limits an interest on group advertisements
soft money vs. hard money contributions to campaigns
soft money
Campaign contributions that are referred to as soft money are those raised by national and state parties that are not regulated by the federal campaign finance law because they are not contributed directly to a candidate but rather to a party committee for its use in generic “party building” activities and etc.
soft money vs. hard money contributions to campaigns
hard money
By contrast, hard money is federally regulated campaign contributions and other moneys spent to influence the outcome of a federal election. Individuals are subject to an annual limit of $25,000 on contributions they can make to federal candidates, party committees, and PACs (2 U.S.C. § 441a(a)(3)).
Name the key difference between 501(c)3 and 501(c)4 organizations regarding transparency of
funding. What do these numbers refer to?
501 (c) 3 and 501 (c) 4 are tax codes for different organizations under the IRS tax code.
501(c)3 organizations enjoy tax-free status, yet these organizations have to reveal who donors are. They have limited lobbying powers. They advocate for policies, not candidates.
Examples: ACLU :(, NRA :), Disabled American Veterans, etc.
501(c) 4 organizations are listed as “social welfare organizations” under the IRS tax code. These organizations focus on political advocacy. They use more dark money because they are not required by law to reveal who their donors are.
political action committees
(in the US) an organization that raises money privately to influence elections or legislation, especially at the federal level.
parties as organizations
professional staff who are on the job all year: recruit candidates, nominate, candidates, organize presidential nominating conventions, write party platforms, raise money, and conduct public education.