MORE GOOD NEWS!
AB 690 PASSES THE APPROPRIATIONS COMMITTEE WITH A 14-0 VOTE ON APRIL 20, 2023.
Next stop is the full Assembly, expected to vote next week. Stay tuned! We remain cautiously optimistic about passage in the Assembly.
WHAT'S NEW?
THE CALDA LEGISLATIVE COMMITTEE IS RECOMMENDING THAT THE BOARD APPROVE THE FORMATION OF A CALDA PAC.
The time has come for CALDA to form a Political Action Committee. We have requested a proposal for a turn key solution from a vendor who has been fully vetted by Precision Advocacy. This vendor will make sure that CALDA will remain in full compliance with all laws and regulations pertaining to PAC’s.
WHAT IS A PAC AND HOW WILL CALDA MEMBERS BENEFIT?
“In the United States, a political action committee (PAC) is a 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation.[1][2] 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).[3] At the state level, an organization becomes a PAC according to the state's election laws." Wikipedia.
Members benefit by pooling their resources together to influence the legislative process for meaningful results. Individually, members could not afford to have professional management of this vital function. In addition to compliance, CALDA will have access to the experience of professional fundraisers.
We appreciate the support of our members and community partners as we roll out the CALDA PAC.
ADELANTE! GOING FORWARD!
Respectfully submitted by Chester Ruiz, Co-Chair CALDA Legislative Committee.
