The American Supply Association’s Political Action Committee (ASA-PAC) is being revitalized by ASA’s new advocacy team. ASA-PAC is an integral component of ASA’s advocacy program and crucial to the success of ASA’s legislative and regulatory agenda in our nation’s capital.
Federal election law permits trade associations, along with unions and corporations, to sponsor PACs. However, the term “PAC” is really a euphemism for “separate, segregated fund,” meaning that a PAC must have a separate, segregated bank account from the trade association’s normal account. In addition, PACs must be registered with the Federal Election Commission (FEC), name a treasurer and file regular financial reports to the FEC.