Vermont law provides that a political committee (PAC) may satisfy filing requirements by filing with the secretary of state a copy of that portion of the campaign finance report applicable to candidates seeking election in this state which the committee or party has filed with the Federal Election Commission and by designating an in-state agent in the report or in a cover letter.
The option of filing FEC forms with the secretary of state does not excuse the political committee (PAC) from the obligation to comply with Vermont's contribution limits. Since Vermont law limits contributions to political committees (PACs) to $2,000 or less in a two-year general election cycle, any political committee (PAC) that receives contributions greater than $2,000 is prohibited from making expenditures related to Vermont election campaigns unless it segregates the compliant contributions for use in Vermont. In practical terms, a federal PAC may take advantage of the filing provision in 17 V.S.A. §2832 only if it does not accept contributions over $2,000 or it segregates the contributions and its reports clearly shows the segregated contributions and their use.
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Elections: Candidates, Parties & PACs