RPAC: Your Best Investment in Real Estate
Realtors® Political Action Committee helps fight to ensure fair laws are passed, and bad ones are defeated. RPAC is a nonpartisan organization that assists in the election of candidates who support private property rights and other issues that have a direct impact on the real estate industry on a local, state and national level. It's funded through voluntary contributions from members of the Realtor® association. 100 percent of RPAC contributions are used to support Realtor®-friendly candidates, 70 percent of which goes towards state and local race and 30 percent toward federal candidates.
Since 1969, the REALTORS® Political Action Committee (RPAC) has promoted the election of pro-REALTOR® candidates across the United States. 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.
www.nar.realtor - Advocacy
06 June 2023
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Fair Housing Month
Every April, REALTORS® commemorate the passage of the Fair Housing Act of 1968 with events and education that shine a light on housing discrimination and segregation, and a recommitment to expanding equal access to housing.
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NAR Call for Action: Urge Congress to Extend Mortgage Debt Forgiveness Tax Relief
The income tax exemption on mortgage debt forgiven in a short sale or a workout for principal residences has been extended by the House of Representatives.
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Upcoming Legislative Activity Important to Real Estate, Week of June 5
Issues coming week: Clean Power Plan 2.0, bulding blockchains, artificial intelligence and intellectual property, junk fees.