REALTORS® POLITICAL ACTION COMMITTEE (RPAC)
What is RPAC?
The purpose of RPAC is clear: REALTORS® raise and spend money to elect candidates who understand and support their interests. The money to accomplish this comes from voluntary contributions made by REALTORS®. These are not members’ dues; this is money given freely by REALTORS® in recognition of how important campaign fundraising is to the political process. RPAC doesn’t buy votes. RPAC enables REALTORS® to support candidates that support the issues that are important to their profession and livelihood.
- Property Tax Appeals – We continually work to educate consumers and REALTORS® on the importance of appealing property assessments. Check out our guide and an easily shareable infographic.
- State and Local Tax Deduction – We brought your State and Local Tax Deduction concerns to leadership in Washington, advancing them into national talking points for NAR’s Mid-Year meeting.
- Tax Reform
- Despite the record-breaking response to a national REALTOR® Call for Action, Congress passed the Tax Cuts and Jobs Act of 2017. We will continue to monitor the act’s impact on homeownership and take action where appropriate.
- SALT – We are continuing to bring your State and Local Tax Deduction concerns to lawmakers as we look at the impact the new law has had on Chicago.
- Capital Gains – Your participation in the nationwide Call for Action against the reverberated through the halls of Congress and helped to save the exclusion for capital gains on the sale of a home and preserved the like-kind exchange for real property.
- Pass-through Businesses – REALTORS® that operate as independent contractors or from pass-through businesses enjoy a major deduction.
- Economic Review – We performed a thorough review of the impact of the new presidential administration on the economy, how local funding and taxes are affecting the national debate on state and local taxes (SALT) and other budget discussions.
- Land Bank – We worked with the Cook County Land Bank to reverse a decision to have non-licensees sell homes in the land bank.
- Police and Fire Pension – CAR action worked to stop a transfer tax for police and fire pensions offered by 19th Ward Alderman Matt O’Shea.
- Grants – We partnered with Roosevelt University to power research projects through REALTOR® Game Changer Grants.
- Energy Benchmarking Ordinance – We testified this spring on proposed amendments to the Energy Benchmarking Ordinance. CAR will represent member interests on a technical advisory group to shape the new ordinance.
- Renter Criminal Background Check – A proposed policy that would cap criminal background checks for three years has been delayed. We plan to work with Illinois REALTORS® to produce videos to help guide compliance with HUD criminal background checks through a REALTOR® Grant.
- Pet-Friendly Buildings – We’re developing strategies to increase the awareness of pet-friendly buildings. Stay tuned!
- Rent Control – We worked aggressively to share the harmful effects of rent control with local media and legislators. Nothing on rent control was passed during this term.
- Prevailing Wage Ordinance – We organized with other groups to testify against labor-backed changes to hinder development and job growth through a prevailing wage requirement on all tax incentive properties classified as 6(b) and 9.
- 6B Real Estate Tax Incentives – CAR worked to mitigate some unintended consequences that had the potential to hurt our members from the recently-approved 6B incentive ordinance.
- ADA Education and Reform Act – Thanks to your action in a nationwide Call for Action, the ADA Education and Reform Act was passed by the House of Representatives in February. The bill, which would reform predatory practices by lawyers suing for non-compliance issues, has been stalled in the Senate, but could still pass this term.
- National Flood Insurance Program (NFIP) Reinstatement – Lawmakers have passed six short-term extensions to the vital National Flood Insurance Program. As of July 2018, we are pushing for another renewal. We will continue to advocate for a long-term solution.
View RPAC’s Major Investors
Contributions to RPAC are not deductible for federal income tax purposes. Contributions are voluntary and are used for political purposes. The amounts indicated are merely guidelines and you may contribute more or less than the suggested amounts. The National Association of REALTORS® and its state and local associations will not favor or disadvantage any member because of the amount contributed or decision not to contribute. You may refuse to contribute without reprisal. Up to thirty percent (30%) may be sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a. 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.