MMC 4200 Study Guide - Final Guide: Infor, Apple Records, Campaign Finance In The United States
Document Summary
Austin v. michigan chamber of commerce: federal election laws prohibit corporate contributions and expenditures for political candidates, however, corporations can make contributions through pac s, aka political action. Committees: a pac is the political arm organized by a corporation, labor union or trade association to support candidates for elective office. Pac s can raise and spend large amounts of campaign money: can contribute only ,000 to a candidate but can contribute to as many candidates as they want per election. ,000 a year to national parties and up to ,000 a year to other committees. The court ruled that restrictions on corporate political speech are constitutional if narrowly tailored to serve a compelling government interest. See buckley v. valeo: in buckley v. valeo, the court ruled that limitations on contributions to candidates were constitutional because of the compelling state interest to in preventing corruption or the appearance of corruption.