527 Organization

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527 Organization

A tax exempt organization in the United States dedicated to supporting or opposing candidates for political office or advocating or opposing certain issues. For example, a 527 organization may be formed to campaign for or against banking regulation. Unless a 527 promotes or denigrates a specific candidate, there are no limits on its contributions or spending. However, 527s must publish the names of their contributors as well as the donations they make.
References in periodicals archive ?
The new Allen-Bradley PowerFlex 527 AC drive from Rockwell Automation can help them achieve those important goals.
M2 EQUITYBITES-March 18, 2015-Textron Systems Model 527 chosen as F-35 EW system tester
Cassidy Turley negotiated an 8,500 s/f lease on behalf of global audio products leader Herman International Industries Incorporated at 527 Madison Avenue.
527 was enacted after a long controversy over the tax treatment of political organizations.
GO North-East is asking its passengers in South Tyneside and Gateshead what they think about a set of proposals, drawn up to make improvements to services 526 and 527.
Christopher Shays (R CT) and Martin Meehan (D MA), closes a major loophole that allows unlimited contributions from corporations, unions and wealthy individuals to political groups that are tax-exempt under Section 527 of the Internal Revenue Code.
In the 2004 election, 527 political organizations (1) emerged from
Under pressure for months to curb the soft money (contributions not regulated by federal election laws) spending of Section 527 political groups, the Federal Election Commission recently adopted a new rule requiring some groups to use federally regulated hard money to pay for at least 50 percent of their expenses, including salaries, rent, and other overhead.
BUSH TRULY believes that "shadowy 527" groups (independent campaign organizations established under Section 527 of the taxcode) are "bad for the system," the last few weeks must have driven him batty.
The twist is that Wertheimer was Pingree's predecessor as head of Common Cause--and is none too pleased that his old group isn't supporting the 527 crackdown.
The law requires disclosure of 527 gifts of more than $1,000 when used to fund campaign broadcasting, but it will have to withstand a vociferous series of court challenges.