Press release: “The number of federally registered political action committees (PACs) declined slightly, from 4,183 on January 1, 2007, to 4,168 by July 1, 2007 according to a semi-annual survey released by the Federal Election Commission. Corporate PACs remain the largest category, with 1,586 committees, followed by non-connected – 1,247 trade/membership/health – 926, labor – 273, corporations without stock – 99, and cooperatives – 37. PACs sponsored by corporations and labor organizations are technically referred to as “separate segregated funds” and must register within 10 days of being established. Non-connected PACs (those which are not connected to or sponsored by a corporation or labor organization, and which are not related to a candidate’s campaign or to a political party organization) must register within 10 days after certain financial activity exceeds $1,000 during a calendar year.”