What are the rules regarding political action committees?
Political action committees (PACs) in New Mexico are groups or organizations that raise and spend money to support certain political candidates, causes, or issues. PACs are regulated by various federal, state, and local laws, including those in New Mexico. Under New Mexico law, a PAC is created when a group or organization with a common purpose or goal raises or spends more than $500 in influence a political race. PACs must register with the Secretary of State and must file reports disclosing the sources of its funds, how much it has raised, and how it spends its funds. A PAC can accept contributions from individuals, but cannot accept more than $5,000 from a single source in any one calendar year. PACs must also disclose who they are making contributions to and how much they are spending on each contribution. PACs are not allowed to make contributions directly to candidates for New Mexico state office. Instead, PACs can contribute funds to PACs supporting or opposing candidates for state office. PACs are also prohibited from coordinating with candidates or political parties and from coordinating independent expenditures with each other or with any other person or entity. In addition, PACs need to be aware of other New Mexico laws on political spending and fundraising, including limits on contributions from non-New Mexico residents, disclosure of contributors’ identities, and limits on spending in state elections. PACs must also comply with all federal laws on political spending and fundraising.
Related FAQs
What is a “supermajority” in an election?What are the voter eligibility requirements?
What is the role of political consultants in the election process?
What is meant by the term “redistricting”?
What is the process for selecting delegates to national conventions?
How does the electoral college work?
When and where do I have to vote?
What is the National Popular Vote Compact?
What are the requirements for ballot access?
What options do I have if my ballot is lost, stolen, or spoiled?
Related Blog Posts
What Are the Basics of Election Law? - July 31, 2023Understanding Your Right to Vote Under Election Law - August 7, 2023
Navigating Election Laws: A Guide for Candidates - August 14, 2023
Election Law and the Electoral College – What You Need to Know - August 21, 2023
An Overview of Election Laws and How They Impact a Voter's Rights - August 28, 2023