TOP 10 REASONS TO INVEST IN RPAC

RPAC (REALTOR Political Action Committee) provides direct access to the legislative process at all levels of government.  A bipartisan effort of REALTORS nationwide provides you with a voice.  The following is a list of the top “10 Reasons to Invest in RPAC” which includes how RPAC protects you, legislative victories, and political successes:

1.         RPAC protects your business & livelihood each day by:

            l         Monitoring government activities for YOU;

            l         Fighting legislation and regulations that adversely impact YOU;

            l         Supporting proposals beneficial to YOU;

            l         Giving YOU a voice in the legislative process; and

            l         Establishes relationships with officials to advocate on YOUR behalf.

2.         RPAC stopped 100 percent of Ohio’s 2003 – 2004 tax proposals to implement a:

            l         Sales tax on real estate commissions - STOPPED

            l         Sales tax on title services - STOPPED

            l         Sales tax on property management fees – STOPPED

            l         Lowering the 10% commercial property tax rollback by one-half – STOPPED

            l         Increasing transfer taxes - STOPPED

3.         Supported 92% of the local candidates seeking elective office in 2004 to include all state legislators and county-wide candidates in Hamilton County.

4.         Backed the introduction of Small Business Health Plan legislation in Congress to permit state REALTOR associations to extend health insurance coverage to members.

5.         Stalled the nation’s mega-banks from entering and dominating the real estate industry by delaying a decision on the regulation that would allow banks to define real estate services as financial services until late 2005, but the fight continues for passage of the Community Choice in Real Estate Act.

6.         Stopped the Department of Administrative Services from collecting real estate commissions on purchases, leases and lease renewals for real estate purchased or leased by the State of Ohio.

7.         Supported the Leasehold Improvement legislation which reduced temporarily the depreciation period from 39 years to 15 years.

8.         Worked to keep real estate transfer taxes from increasing from 3 to 4 mills in Hamilton and Warren County Commissioners respective annual budgets.

9.         Supported the passage to cut the capital gains tax rate from 20% to 15% in most cases.

10.       Continuing the fight to protect Commercial Realtors’ interest at all levels of government.