impact: disbursement of funds process & procedures
The guiding documents for the conduct of IMPACT, in the dispersal those funds to candidates, are set by the Federal Election Commission (FEC) and the Texas Ethics Commission (TEC). IMPACT is registered with the Texas Ethics Commission as a General Purpose Political Action Committee or GPAC. The FEC and TEC recognize IMPACT as a “non-connected” PAC.
Processes required of a GPAC
The FEC Rules apply to contributions to candidates for US Senator, Congressman and President/Vice President. TEC rules apply to candidates for State executive offices, Texas Senate and Legislative offices and to County Commissioners and Judges. Local elections, such as those for school board members and city government, are not overtly political and are governed by local rules. IMPACT does not/cannot contribute to these types of local elections.
Federal Limits on Donations
Donations from IMPACT as a non-connected PAC to a candidate for federal office are limited to $5000 for the Primary Campaign and another $5000 donation for the General Election Campaign.
Texas Limits on Donations
TEC rules governing accepting donations and dispersing funds to federal Candidates in Texas are the same as the FEC rules. TEC regulations for monetary support of Texas in-state candidates are different – there are no limits on GPAC donations to in-state Texas candidates.
IMPACT’s Operational Objective
Our Filing Statement with the TEC defines our limits and options in financial support to Democratic candidates. It names those persons who will make both the decisions about what contributions to accept and to whom those contributions will be distributed. Those named persons are the committee members of IMPACT. This document also indicates that the only GPAC that IMPACT will donate to is the Williamson County Democratic Party PAC.
Procedures for Specific Funding Choices
In early 2018, the IMPACT team defined the principle factors of candidates and their campaigns that would provide guidance in allocation for funds to candidates.
These factors include:
The necessity of IMPACT members to become aware and informed of each candidate and his/her campaign is a personal responsibility of each IMPACT member. And as such, committee members will do their own research and arrange to attend events where candidates are speaking. In doing their research, committee members may design and use their own evaluation forms.
Before the Primary and the November General Elections, the Committee meets to review and discuss the candidates eligible to receive donations. By majority vote, the Committee’s designated decision makers will determine how and when the Federal and State funds will be distributed. The Treasurer and Asst. Treasurer will assure that the contributions follow reporting regulations; that they have the proper name and address for each candidate and / or their PAC; and that appropriate filings are made on time. Donations will be made by check and will be sent with a letter signed by the Chair.
Updated by Committee 1/07/2019