SURGEON PAC
The Chapter will focus efforts on increasing donations from the Surgeon community to support campaigns of policymakers who understand the current and long-term challenges that surgeons face when practicing in New York.
Legal information regarding political action committees
Personal and Corporate Contributions: The NYS Election Law places aggregate calendar year limits on the amount of political contributions that can be made by individuals and corporations.
- An individual may contribute up to a total of $150,000.00 in a calendar year.
- A corporation may contribute up to a total of $5,000.00 in a calendar year.
- Sole Proprietorships, LLCs, PLLCs, LLPs and PLLPs and partnerships are treated as contributions from an individual for political contribution limits
- A corporation usually has “PC”, “Inc.” or “Ltd” in its name.
For more information about NYS political contribution limits go to the website of the NYS Board of Elections
Please consult your legal counsel if you have any question pertaining to the possible impact of political contributions on the tax exempt status of the corporation.