The Abolish Super PACs Act would amend federal election law to place contribution limits on Super PACs, which are political committees that make independent expenditures in elections. Currently, Super PACs can accept unlimited contributions from individuals and corporations, but this bill would impose the same contribution caps that apply to regular political action committees. The legislation argues that unrestricted Super PAC funding since 2010 has increased corruption risks and created the appearance of corruption, citing data showing that in 2024 alone, more than $4.48 billion was spent through Super PACs and that the top one percent of donors contributed 96.94 percent of all Super PAC funds. The bill would take effect in the first calendar year after enactment and applies to any independent expenditure committee making $5,000 or more in such expenditures annually. The measure reflects concerns about foreign interference in elections and the influence of wealthy donors on campaigns, though it may face constitutional challenges based on Supreme Court precedent regarding campaign finance limitations.
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