Why Should I Invest in RPAC?
It may be tempting to look at the relative ease with which you can practice real estate in Illinois and assume that today’s marketplace evolved naturally, that policy makers had your interests in mind all along. But that’s just not so. Without you the work of RPAC at the local, state, and national level, you’d be inundated in red tape and legal liability, and your customers and clients would have a steeper climb toward homeownership.
Some of the important homeownership issues RPAC has taken on include:
- Protecting the Mortgage Interest Deduction
- Working for common sense inspections and ordinances
- Banning transfer taxes
- Protecting access to affordable mortgage options
- Keeping banks out of real estate
- Protecting the National Flood Insurance Program (NFIB)
How are Contributions Used?
Contributions to RPAC are used to elect candidates who support the REALTOR® Party and the real estate industry through common sense legislation and regulation. The fund is supported by contributions given freely by REALTORS® in recognition of how important campaign fundraising is to the political process.
Disclosure: Contributions are not deductible as charitable contributions for federal income tax purposes. The Illinois REALTORS® Political Action Committee (RPAC) collects contributions from members of the National Association of REALTORS (NAR) for political activities. A portion of each contribution will be used for state political activities; at least 30% will be used for federal campaign purposes. The federal portion will be charged against an individual's federal contribution limits under 2 USC 441a. Contributions are VOLUNTARY and refusal to contribute does not affect membership rights. A member may contribute more or less than the suggested amount. A copy of our report filed with the State Board of Elections is (or will be) available on the Board's official website www.elections.il.gov or for purchase from the State Board of Elections, Springfield, Illinois.