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 your REALTOR® associations’ efforts – local, state and national – you’d be inundated with RED tape and LEGAL liability, and your clients would have a steeper climb toward homeownership.
RPAC by the numbers...
Estimated tax savings from the Mortgage Interest Deduction for the average taxpayer who owns a $200,000 home with a 30-year fixed rate mortgage of 5% (source: NAR). RPAC has played a key role in preserving the Mortgage Interest Deduction for American homeowners, keeping it OFF the list of federal tax reform proposals.
A proposed tax on advertising and related services that would hurt Illinois small business owners and REALTORS® who rely on advertising to reach consumers. This tax, so far, has been stopped by effective lobbying and RPAC.
Estimated cost of an average fire sprinkler installation in a two-story, four-bedroom home in St. Charles. It can be higher or lower depending on the property and location. Fire sprinkler mandates have been STOPPED at the local and state levels thanks to our REALTOR® advocacy and RPAC.
Our REALTOR® PAC is recognized as one of the most bipartisan PACs in the country, supporting both Republican and Democratic candidates for public office.
A proposed real estate sign permit fee for every for-sale sign in one local Illinois community. This sign fee was eliminated thanks to REALTOR® advocacy and RPAC. Your PAC helps stop fees, charges and mandates proposed by lawmakers at all levels of government.
The cost of a pre-sale video sewer line inspection, which would have been mandated for all homeowners in Illinois during the home sale process. This bill was stopped last year thanks to your Calls for Action and RPAC.
2 + 18 = 20
Two U.S. Senators and 18 U.S. Representatives from Illinois voted “YES” to H.R. 3700, which expands housing opportunities for first-time buyers and lower income borrowers. RPAC dollars help elect pro-REALTOR® candidates to public office, who understand our issues and vote to promote homeownership.
THANK YOU to the 28% of Illinois REALTORS® members who have invested in RPAC in this year. Are you among the 72% who have not? RPAC is funded through voluntary member contributions.
Just $20 can make a difference for homebuyers, sellers and commercial property owners. When you add it all up, RPAC is an effective pocketbook protector. And your best investment in real estate.
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 websitewww.elections.il.gov or for purchase from the State Board of Elections, Springfield, Illinois. Except as may be required by state or federal law, the Illinois REALTORS® PAC (Illinois RPAC) is not required to refund political contributions. However, a refund request made by a contributor within 30 days of the date of his or her RPAC contribution is received will be considered on a case-by-case basis.
Questions about RPAC funding for candidates?
Contact the local Government Affairs Director (GAD) in your area or the Illinois REALTORS®, 217-529-2600, firstname.lastname@example.org
Why Do We Have to Get Involved in Political Campaigns?
If real estate is your profession, then politics is your business. RPAC is working to protect you and your buyer/seller clients. If we choose not to participate in the political process, then your business becomes an easy target for unnecessary regulations, fees and liability. Learn more about RPAC.