The National Federation of Independent Business Political Action Committee is the only major small business PAC with an operating record. It is run by a committee of NFIB officers and members who decide which congressional races the PAC should enter, based on a 70:40 rule. An incumbent who has voted with the NFIB 70% of the time is eligible to be considered for financial assistance. If an incumbent voted with the NFIB less than 40% of the time, his challenger is eligible for consideration.

During the 1979-80 campaign season, the NFIB contributed $216,000 to congressional candidates, making it the sixth largest contributor among the so-called nonconnected PACS, those without corporate, union, or trade association affiliation.

NFIB Political Action Committee, 150 West 20th Ave., San Mateo, CA 94403

The National Small Business Political Fund contributed only $100 to each of 10 House candidates, 9 of them Republicans, in 1980. The emphasis on Republicans isn't surprising, since this small business PAC was actually created by Rep. Dan Marriott (R-Utah), a conservative. The PAC's future was in some doubt for most of this year as Marriott looked for someone else to take over its administration.

National Small Business Political Fund, P.O. Box 1454, Washington, DC 20013

The Congressional Small Business Campaign Committee is another small business PAC that is actually run by a member of Congress. Rep. Andy Ireland (D-Fla.) created the PAC this spring because it was his contention that small business hadn't been giving support to political campaigns in proportion to its 38% share of the economy. "It's time," Ireland said, "for small business to be in a positive position to truly recognize its friend."

Congressional Small Business Campaign Committee, 1730 Pennsylvania Ave. NW, Suite 460, Washington, DC 20006

The fourth small business PAC is the Small Business Political Action Center. Its founder, William Nourse, operates a hardware store in Nashville and has been an active small business partisan since the White House Conference on Small Business in January 1980. Nourse's PAC will operate differently from most. It will support only incumbents, not challengers. And it will funnel funds not to everyone who votes "right" on a small business issue, but to the one, two, or three prime movers behind the major small business initiatives during a congressional session.

Small Business Political Action Center, 2211 Crestmoor Rd., Nashville, TN 37215