State rules for the formation of PAC vary, but all require that a PAC appoint a treasurer. In New York, a PAC is required to register, only once, prior to receiving or expending any funds and within 5 days after the selection of a treasure and a depository. The depository must be authorized to do business in New York State and be physically located in the state. An original signature is required on all forms. NY State also requires PACs to file, electronically, expenditure and fund raising reports monthly or quarterly.
Texas requires a PAC to designate whether it is a connected or non-connected PAC, requiring a different form for each. They require the PAC to register with the Texas Ethic Commission before accepting contributions or expending funds in excess of $500. California requires registering within 10 days of receiving $1000 in contributions and includes a $50 registration fee that is paid annually.
CT Corporation will file the necessary registration to ensure that your PAC is in compliance with federal, state, and local laws. Our skilled account managers will identify any supplemental information needed, collect and complete all paperwork and applications, and monitor the process to ensure swift approval so that you can focus on growing your PAC. CT Corporation will also alert you when the financial reports must be submitted and if any changes to the reports arise. To get a free quote today, contact us or call us at 1-888-724-9870.