General Discussion
In reply to the discussion: Bernie Sanders is nothing but a heckler [View all]jalan48
(14,914 posts)Super PACs are a relatively new type of committee that arose following the July 2010 federal court decision in a case known as SpeechNow.org v. Federal Election Commission.
Technically known as independent expenditure-only committees, super PACs may raise unlimited sums of money from corporations, unions, associations and individuals, then spend unlimited sums to overtly advocate for or against political candidates. Unlike traditional PACs, super PACs are prohibited from donating money directly to political candidates, and their spending must not be coordinated with that of the candidates they benefit. Super PACs are required to report their donors to the Federal Election Commission on a monthly or semiannual basis the super PAC's choice in off-years, and monthly in the year of an election.
As of April 08, 2018, 1,867 groups organized as super PACs have reported total receipts of $295,531,686 and total independent expenditures of $61,473,012 in the 2018 cycle
https://www.opensecrets.org/pacs/superpacs.php?cycle=2018
Super Pacs are formed to fund candidates of both parties as can be seen at the website.