The REALTORS® Political Action Committee (RPAC) is the nation's largest, most successful, and most bipartisan political action committee. Your voluntary investment is used to improve your bottom line in several ways: Through issues mobilization, political advocacy, and by directly supporting candidates at the local, state, and federal levels of government who champion the ideals and principles of REALTORS®. RPAC is your best investment in real estate!
What's in it for you?
RPAC provides you with the opportunity to have a collective impact on the election of officials who will shape legislation that affects your livelihood and the way real estate professionals do business.
Where does your RPAC investment go?
Of every dollar you invest, 35 cents stays with Atlanta RPAC to support local candidates and issues in the greater metro area. Another 35 cents is used by Georgia RPAC in state races. The remaining 30 cents goes to National RPAC to help elect a REALTOR®-friendly Congress.
How does your RPAC investment pay off?
Recent legislative and regulatory successes include:
- Reducing the depreciation schedule from 39 to 15 years to recover the cost of tenant improvements;
- Defeating attempts to raise taxes on carried interest earned by managers of real estate partnerships;
- Lobbying federal regulators for programs that maintain the flow of capital for commercial lending; and
- Permanently barring banks from offering real estate brokerage and property management services.
On a state and local level, RPAC improved your bottom line by:
- Protecting commercial commissions through the foreclosure process;
- Prohibiting cities and counties from charging individual real estate agents a business license fee;
- Restoring Tax Allocation District funding for economic development projects all over the metro area; and
- Defeating legislation that would have put a sales tax on your commissions.
Contributions are not deductible for income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. You may refuse to contribute without reprisal and the National Association of REALTORS®, the Georgia Association of REALTORS®, the Atlanta Commercial Board of REALTORS®, or the Atlanta Board of REALTORS® will not favor or disfavor any member because of the amount contributed. 70% of each contribution is used by GARPAC and ARPAC to support state and local candidates. Until GARPAC reaches its RPAC goal, 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a; after GARPAC reaches its RPAC goal, it may elect to retain your entire contribution for use in supporting state and local candidates.