Political Action Committee

n the United States, a political action committee (PAC) is a tax-exempt 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. The legal term PAC was created in pursuit of campaign finance reform in the United States. Democracies of other countries use different terms for the units of campaign spending or spending on political competition (see political finance). At the U.S. federal level, an organization becomes a PAC when it receives or spends more than $1,000 for the purpose of influencing a federal election, and registers with the Federal Election Commission (FEC), according to the Federal Election Campaign Act as amended by the Bipartisan Campaign Reform Act of 2002 (also known as the McCain–Feingold Act). At the state level, an organization becomes a PAC according to the state’s election laws.

Contributions to PACs from corporate or labor union treasuries are illegal, though these entities may sponsor a PAC and provide financial support for its administration and fundraising. Union-affiliated PACs may solicit contributions only from union members. Independent PACs may solicit contributions from the general public and must pay their own costs from those funds.

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AIPAC

The American Israel Public Affairs Committee (AIPAC /ˈeɪpæk/ AY-pak) is a lobbying group that advocates pro-Israel policies to the legislative and executive branches of the United States. One of several pro-Israel lobbying organizations in the United States, AIPAC states that it has over 100,000 members, 17 regional offices, and “a vast pool of donors”. Representative Brad Sherman (D-California) has called AIPAC “the single most important organization in promoting the U.S.-Israel alliance”. In addition, the organization has been called one of the most powerful lobbying groups in the United States.

AIPAC describes itself as a bipartisan organization, and the bills for which it lobbies in Congress are always jointly sponsored by both a Democrat and Republican. AIPAC’s supporters claim its bipartisan nature can be seen at its yearly policy conference, which in 2016 included both major parties’ nominees: Democrat Hillary Clinton and Republican Donald Trump. High-ranking Democrats, including Vice President (later President) Joe Biden and Senator (later Vice President) Kamala Harris have addressed AIPAC, as well as high-ranking Republicans, including Paul Ryan, then-Speaker of the United States House of Representatives.

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National Association of Realtors

The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. It has over 1.4 million members, making it one of the biggest trade associations in the USA including NAR’s institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. The organization holds a U.S. trademark over the term “realtor”, limiting the use of the term to its members. NAR also functions as a self-regulatory organization for real estate brokerage. The organization is headquartered in Chicago.

NAR’s members are residential and commercial real estate brokers, real estate salespeople, immovable property managers, appraisers, counselors, and others engaged in all aspects of the real estate (immovable property) industry, where a state license to practice is required. Members belong to one or more of some 1,600 local realtor boards or associations. They are pledged to a code of ethics and standards of practice, which were adopted in 1913.

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