As a result of your RPAC support, CARW was equipped to fight for a number of issues that increase your bottom line at the State and National levels – issues related to property tax decreases, economic development opportunities like Foxconn, tax assessment changes, and transportation funding awareness. In addition, we are on the frontlines fighting for changes for EB-5 and the continuation of the 1031 Exchange with national tax reform discussions happening now. Our State association is currently involved in legislation related to the further modernization of TIF (tax increment financing), which will also benefit economic development, as well as the homeowners bill of rights that involves eminent domain and inverse condemnation. PLEASE SUPPORT RPAC FOR $35 ON YOUR MEMBERSHIP RENEWAL FORM TO PRESERVE OUR INDUSTRY AND THE ISSUES THAT HELP YOU.
Did you know that RPAC contributions help our industry support candidates and issues that are important to YOUR BUSINESS. Most recently, CARW and WRA benefited from a number of important legislative successes in the budget including the preservation of the historic tax credit, elimination of time of sale requirements, and property tax relief. Our industry has benefited from broker lien law, out of state brokers law, arena funding, and important TIF reform. For these reasons, and others, we urge you to support the PAC. The contribution is only $35, but the benefits are priceless. Read more below and contribute today. Call Tracy at CARW for more information: 414-698-7474.
What is RPAC?
RPAC stands for the REALTORS® Political Action Committee. A PAC is a legal means by which interested individuals with common goals, like a trade association, ban together for the purposes of political action.
The best way to positively impact issues such as property taxes, health care and protecting the rights of property owners is through RPAC, a real estate professional’s vehicle for political action.
What does RPAC do?
As a real estate professional, RPAC is your PAC. It is also the real estate industry’s vehicle for political success. REALTOR® volunteers raise contributions from other members across the state. These funds are then pooled together and contributed on a nonpartisan basis to public office candidates who support housing and real estate interests.
Seventy cents of every dollar raised stays in Wisconsin for state and local elections, and the remaining money is transferred to the National Association of REALTORS®‘ PAC for contributions to federal candidates.
- All fundraising efforts and contributions to candidates are administered by a board of RPAC trustees, representing each local board and all areas of the state. Decisions made by the trustees are submitted to the WRA board of directors.
- Funds are disbursed on a nonpartisan basis to Democrats and Republicans alike, based on issues and support of the REALTOR® legislative agenda.
- RPAC is one of the largest trade association PACs in the world, and in Wisconsin.
Why should RPAC interest you?
RPAC is a very important business partner for REALTORS®. Up to 4,000 bills are introduced each session in the state Legislature, and elections determine who will be voting on these bills. RPAC helps to elect the people who write the laws with which you and your business must live. Through extensive research and ongoing monitoring, RPAC keeps real estate professionals informed, involved and influential regarding the legislative decisions that are important to the industry.
Does RPAC buy votes?
RPAC does NOT buy votes. Candidates and public officials are honorable people whose votes are not for sale. However, by helping to elect public policy decision-makers, RPAC assures REALTORS® the opportunity to present their views and be heard. RPAC fully complies with all state and federal election laws.