[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2010/images/08/02/art.bachmann0121.gi.jpg caption="Rep. Michele Bachmann, R-Minnesota, has opened a leadership PAC."]Washington (CNN) – Rep. Michele Bachmann is opening up her own national political action committee.
Paperwork for the new PAC, called MICHELEPAC, was filed Friday with the Federal Election Commission. The committee will allow the Minnesota Republican to raise funds for distribution to candidates nationwide.
MICHELEPAC, which stands for Many Individual Conservatives Helping Elect Leaders Everywhere, has yet to report raising any money.
National PACs are not uncommon among House members and MICHELEPAC will be an asset for Bachmann, who is among the most effective fundraisers in the House. According to FEC statements, Bachmann has brought in $4.56 million this election cycle.
A website for the PAC, listed on FEC forms, is not yet active.
This is the second conservative group the congresswoman has recently formed. Just over two weeks ago, Bachmann formed the House Tea Party caucus, of which she is currently chair.