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Throughout this year, the Governmental Affairs Committee of the Ann Arbor Area Board of REALTORS® will be hosting a program to raise awareness of the REALTORS® Political Action Committee (RPAC) and will recognize offices that have achieved 100% participation with REALTOR® members investing in RPAC.

100% participation is defined as every REALTOR® member in the office making an RPAC investment. All offices achieving 100% participation will be recognized in broadcasts throughout the year and at the January 2016 General Membership Meeting. The office with 100% participation and the highest dollar volume within each office size category (Small (1-10 members), Medium (11-50 members) and Large (51 or more members)) will be presented with an award at the General Membership Meeting.

YOUR RPAC DOLLARS WORKING FOR YOU

ACCOMPLISHMENTS AND SAVINGS
• Defeated proposals to tax commissions $1700
• Defeated legislation to include REALTORS® under the MI Consumer Protection Act $2500
• Retaining the Mortgage Interest Deduction Homeowner savings: $2376
• Eliminated the MBT and 22% Surcharge Broker savings in taxation: $968 annually
• Fought off costly point of sale mandates Homeowner savings: $2500
• Banned Private Transfer Fees Homeowner savings: $1080 annually
• Held off expansion of the Real Estate Transfer Tax $1150 per transaction
• Eliminated the Wall License posting requirement Broker savings: $200 annually
• Preventing Banks from entering in Real Estate $6250 annually
• Prevention of 10% down payment of FHA Loans $3225
• Enhancement of the Principal Residence Exemption Homeowner savings: $1358
• Defeating the Property Environmental disclosure $30+ million annually
• Forgiving Mortgage Debt $606 million

 

 

Contributions are not deductible for Federal income tax purposes. RPAC contributions are voluntary and used for political purposes. You may refuse to contribute without reprisal or otherwise impacting your membership rights. For individuals investing $1,000.00 or greater, up to 30% of this total investment may be forwarded to the National Association of REALTORS® RPAC. All amounts forwarded to the National Association of REALTORS® RPAC are charged against the applicable contribution limits under 2 U.S.C. 441a.

Nothing herein shall be construed as a solicitation of contributions from non-members. RPAC may, however, receive unsolicited contributions from non-members. Contributions from corporation or others who may not legally be solicited for RPAC may be solicited and make contributions to RPACII (the REALTORS ballot issue committee). A copy of the federal report, filed by National RPAC with the Federal Election Commission, is available for purchase from the Federal Election Commission, Washington D.C.20463. State reports are filed with the Michigan Secretary of State, Elections Division, Lansing, Michigan.