Contributions to a limited political action committee may be used to make expenditures for contributions to candidate committees, for independent expenditures or electioneering communications, for operating expenses of the limited committee and for other purposes not otherwise prohibited by law or these Rules that further purposes of the committee. “Purposes of the committee” shall mean purposes expressed in the committee’s bylaws, articles of organization or similar document or, if there is no such document, in the committee’s statement of organization as those purposes are stated prior to the making of an expenditure.
Promulgated by Ethics Commission January 10, 2014; effective upon Legislature’s sine die adjournment May 23, 2014; operative January 1, 2015.
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