Your search results

RPAC FAQ

Posted by GCAR on February 6, 2019
| Blog
| 0

Why should I invest in RPAC?
RPAC is the muscle behind NAR. RPAC represents more than 1.3 million REALTORS® that members of Congress want as their friends.

100% of your investment is used to elect candidates at the local, state, and national levels who both understand and support REALTOR® issues. RPAC looks to build the future by putting dollars in places that will help advance the interests of REALTORS®. RPAC is the only political group in the country organized for REALTORS® and run by REALTORS®. RPAC exists solely to support issues important to REALTORS®. Candidates who receive support from RPAC are not selected based on their political party or ideology, but solely on their support of real estate issues. Our legislative allies are members of the REALTOR® Party. The REALTOR® Party supports the issues that are important to you as a REALTOR®, regardless of political party affiliation.

What is a PAC?
A Political Action Committee (PAC) is a popular term for a political committee organized by like-minded people for the purpose of raising and spending money to elect and defeat candidates. The PAC’s money must come from voluntary contributions from members rather than the member’s dues treasury. PACs represent business, labor or ideological interests. 

How will my investment be used?
100% of your investment is used to elect candidates at the local, state, and national levels who both understand and support REALTOR® issues. RPAC looks to build the future by putting dollars in places that will help advance the interests of REALTORS®. RPAC is the only political group in the country organized for REALTORS® and run by REALTORS®. RPAC exists solely to support issues important to REALTORS®. Candidates who receive support from RPAC are not selected based on their political party or ideology, but solely on their support of real estate issues. Our legislative allies are members of the REALTOR® Party. The REALTOR® Party supports the issues that are important to you as a REALTOR®, regardless of political party affiliation.

Who establishes and implements RPAC policy?
Much of RPAC’s success is due to the high degree of organization that characterizes the REALTORS® Political Action Committee at every level. Leading the National RPAC organization are the National RPAC Federal Disbursement and Fundraising Trustees Committees. The Trustees establish and implement RPAC policy in accordance with the RPAC bylaws and NAR policy as established by the NAR Board of Directors. The Trustees are made up of REALTOR® volunteers from around the nation who are appointed by NAR leadership. Jeffrey Decatur is the 2019 GCAR RPAC Trustee, he can be reached at jeffreydecatur@gmail.com.

How does RPAC establish fundraising goals?
RPAC establishes its fundraising goals through various formulas and criteria. The National RPAC Fundraising Goal is derived from the aggregate total states/territories declare as the amount they intend to raise in voluntary hard and soft dollars annually at the local, state, and national levels. Before a two-year election cycle begins, the Federal RPAC Disbursements Allocation is set by the RPAC Fundraising and Disbursements Trustees Committees during the REALTORS® Legislative Meetings & Trade Expo, which is the amount NAR is requesting from states/territories in order to remain effective at the federal level and is based on membership size. 

Who may be solicited for RPAC contributions?
According to Federal Election law, RPAC may solicit only individual members—i.e., non-corporate members of NAR and their families. The term “members” means all individuals who currently satisfy the requirements for membership in any one of the local, state, and/or the National Association and regularly pay dues.

Executive, administrative and management personnel of the local, state and/or national associations are also considered under the NAR constitution to be members of the association and may be solicited even though they may not pay association dues. 

Are contributions to RPAC tax deductible?
No. Contributions used for political purposes are not tax deductible on your federal income taxes. 

Does the National RPAC contribute to state or local candidates?
Under the cooperative agreements in effect between the National RPAC and the state association’s Political Action Committees, the responsibility for making contributions to federal candidates is assigned to the national RPAC, while state association’s Political Action Committees decide which state and local candidates to support. 

Can I earmark money to a party or particular candidate?
No. Under Federal Election law, the earmarking of contributions is illegal.

What process do the National RPAC Federal Disbursement Trustees use when determining contributions to candidates?
The RPAC Federal Disbursement Trustees’ policy is to act only on requests sent from state associations and approved by the state trustees. Once the Trustees receive these requests, they have four options: Amend, Approve, Deny or Defer.

Upon what criteria does the National RPAC base its decision to support federal candidates?
1) Recommendations from State RPAC Trustees, 2) NAR congressional voting records and analyses of incumbent members of Congress, and 3) campaign intelligence reports provided by the NAR political and legislative staff.

Will the National RPAC Federal Disbursement Trustees contribute to both candidates in a race?
No. The National RPAC Federal Disbursement Trustees’ policy is to only contribute to one candidate in any given election. However, the use of In-State Reception funds and D.C. Reception Funds does not necessarily count as a dual contribution if a challenger is supported by the National RPAC. Again, these are relationship-building monies.

How much money stays with the state association and how much goes to the National RPAC?
The National RPAC maintains voluntary cooperative agreements with the state association’s Political Action Committees. Each state association decides how they want to raise money and when to send it to National. Regardless of how states choose to meet their goals, 30% of funds raised must be forwarded to NAR for Major Investor Recognition. Each dollar of this 30% that is forwarded to NAR counts toward that state’s goal. 

What is the difference between hard (personal) and soft (corporate) money?
Hard money has many restrictions on how it is raised and spent and must be fully reported to the Federal Election Commission. Hard money is raised from individuals, who can contribute up to $2,400 directly to a federal candidate per election and $5,000 to a Political Action Committee, like RPAC, per year. RPAC may contribute $5,000 to a federal candidate per election. RPAC may only accept money from individuals.

Soft money is raised from corporations, associations, unions, and individuals. Federal candidates cannot accept soft money. There are no limitations on the amount of soft money a corporation or individual can contribute, nor is there any limitation on the amount of soft money an organization can spend.

If you have a question that isn’t answered here, please contact us.

Click here to invest in RPAC

  •  

     

  • Upcoming Events

    Apr
    29
    Mon
    12:30 pm Renovation Loans & Home Purchase... @ GCAR
    Renovation Loans & Home Purchase... @ GCAR
    Apr 29 @ 12:30 pm – 2:00 pm
    Renovation Loans & Home Purchases/ Refinances @ GCAR | Albany | New York | United States
    CE Credit: 1.5 ♦ Instructor: Kristen Zorda ♦ A discussion of what properties/scenarios qualify for a renovation loan and a review of the products covering their similarities and differences: FHA-203K, Conventional, VA renovation loans plus a review on some extra steps required for renovation loans. We’ll also discuss how to obtain contractors. ♦ Free for GCAR members only. Click here for non-member pricing info.
    May
    1
    Wed
    1:00 pm Real Estate Photography: How to ... @ GCAR
    Real Estate Photography: How to ... @ GCAR
    May 1 @ 1:00 pm – 3:00 pm
    Real Estate Photography: How to Take Great House Photos @ GCAR | Albany | New York | United States
    CE Credit: 0 ♦ This course will teach you the basics of taking photos for listing a house. Learn how to frame a picture, tips for staging a home, and how to edit your photos. We’ll also cover photo size requirements for MLS and how they differ from social media, website, and print. Please bring your computer or tablet, as well as your cell ...
    6:00 pm Bowling for RPAC @ Spare Time
    Bowling for RPAC @ Spare Time
    May 1 @ 6:00 pm – 9:00 pm
    Bowling for RPAC @ Spare Time
    You must register for this event in advance. If you have any questions about registration, contact Meghan Reed at GCAR at 518-464-0191 or mreed@gcar.com.
    May
    2
    Thu
    9:00 am Tax Grievance: How to File a Com... @ Double Tree
    Tax Grievance: How to File a Com... @ Double Tree
    May 2 @ 9:00 am – 12:00 pm
    Tax Grievance: How to File a Complaint on Assessment @ Double Tree | Schenectady | New York | United States
    CE Credit: 3 ♦ This course will explain the process of filing a tax grievance with the local board. What are the important dates such as valuation date and property condition dates. What sales are acceptable to the assessor, grievance board, and small claims court. Learn how this can be done while staying within your licensing law 12A for salesperson/brokers and USPAP for appraisers. ...
    1:00 pm Mold Education and Risk Management @ Double Tree
    Mold Education and Risk Management @ Double Tree
    May 2 @ 1:00 pm – 4:00 pm
    Mold Education and Risk Management @ Double Tree
    CE Credit: 3 ♦ Learn the types of mold, testing, removal, and the proper steps to take when listing/selling a home with mold. What NY requirements are. The cost to cure for appraisers and home inspectors.  Steps to keep you and your clients safe. ♦ Instructor: Becky Jones ♦ Free for GCAR members only. Click here for non-member pricing info
    May
    7
    Tue
    8:30 am Seller Representative Specialist... @ GCAR
    Seller Representative Specialist... @ GCAR
    May 7 @ 8:30 am – May 8 @ 5:00 pm
    Seller Representative Specialist (SRS) @ GCAR | Albany | New York | United States
    CE Credit: 12 ♦ Elevate your standards, enhance your performance and demonstrate the skills essential to professionally and ethically represent sellers. This course will guide you through the entire process from preparing for the listing appointment and securing the commitment of potential sellers to marketing the listed property and assisting through to the closing. Satisfies two-hour agency requirement for NYS license renewal. ♦ Instructor: ...
    May
    9
    Thu
    9:00 am Find, Fund, Fix and Flip Real Es... @ GCAR
    Find, Fund, Fix and Flip Real Es... @ GCAR
    May 9 @ 9:00 am – 5:00 pm
    Find, Fund, Fix and Flip Real Estate @ GCAR
    CE Credit: 9 ♦ Includes 1 hour of fair housing credit ♦ Create passive income by buying and holding multi-unit properties and flipping houses. ♦ Instructor: Richard Carr ♦ Free for GCAR members only. Click here for non-member pricing info
    May
    13
    Mon
    9:00 am Code of Ethics Training for REAL... @ GCAR
    Code of Ethics Training for REAL... @ GCAR
    May 13 @ 9:00 am – 12:00 pm
    Code of Ethics Training for REALTORS @ GCAR
    CE Credit: 3 ♦ This course will heighten member awareness of the key tenets of the Code of Ethics; create an awareness of and appreciation for the role the Code can and should play in their professional lives; enhance professionalism and competency; and encourage REALTORS® to view their Code of Ethics as a living, viable guide in their daily dealings with clients, customers, and ...
    12:45 pm Fair Housing @ GCAR
    Fair Housing @ GCAR
    May 13 @ 12:45 pm – 3:45 pm
    Fair Housing @ GCAR
    CE Credit: 3 ♦ Understand the fair housing rules as they apply to everyone, regardless of culture and what it means to you the REALTOR®.  Apply regulations to how they relate to property management to keep you within the law… Didn’t think some rules applied to you? Learn how they do! ♦ Instructor: Mary Peyton ♦ Free for GCAR members only. Click here for non-member ...
    4:00 pm Law of Agency @ GCAR
    Law of Agency @ GCAR
    May 13 @ 4:00 pm – 5:00 pm
    Law of Agency @ GCAR
    CE Credit: 2 ♦ Agency relationships defined and discussed for the REALTOR®: Agent-Principle-Customer. What is dual agency and agency alternatives? This class is required by DOS to renew your license but, understanding agency can make the difference in your professionalism or save you a trip to ‘REALTOR® court.’ ♦ Free for GCAR members only. Click here for non-member pricing info
Skip to toolbar