LPAC Chairwoman-Treasurer Sarah Schmidt said the organization will focus on lesbian, gay, bisexual and transgender issues, as well as women's sexual and reproductive rights, Politico reported Wednesday.
The super PAC plans to raise $1 million to spend in races across the United States during the 2012 election in support of candidates -- gay or straight -- who support equal rights for LGBT women and their families, women's sexual and reproductive rights, and access to healthcare. They plan to spend money on House and Senate races, state-level campaigns and initiatives.
"Members of the LGBT community are inspirational leaders and role models in every aspect of American life -- from education to entertainment, from sports to science," tennis champion Billie Jean King said in a statement. "The formation of LPAC provides lesbians and the entire LGBT community a new, stronger voice and a real and respected seat at the table when politicians make policy that impacts our lives."
"Glee" star Jane Lynch and Chicago Cubs co-owner Laura Ricketts -- who has donated to the campaign of President Barack Obama -- are also involved in LPAC, the organization said in a release.
"I support LPAC because courageous elected officials who support women's rights, fairness, and equality for all of us deserve our unconditional support," Ricketts said in the release.
Ricketts' father, Joe Ricketts, is a Republican who has given large amounts to an anti-Obama super PAC, Politico noted.