Imagine for a moment that the California Association of REALTORS® did not have a Government Affairs Team or REALTOR® Action Fund...The threats listed below could have affected the way you do business!
The California Association of REALTORS®:
DEFEATED 3% Independent Contractor WithholdingDEFEATED Transfer TaxesDEFEATED Point-of-Sale RetrofitsPRESERVED Access to Property Profiles
Note: If you have invested to RAF through your local association, please deduct that amount and enter the balance in the "other" box.
Please be sure to use the "billing" address for your credit card.
Political contributions are not tax deductible as charitable contributions for federal and state income tax purposes. This form and the accompanying solicitation are intended only for members of C.A.R. (and executive and administrative employees of C.A.R. or its affiliates). Contributions received from others will be returned to the donors. The REALTOR® Action Fund is a voluntary program and contributions are not limited to the suggested amounts. Contributors will not be favored or disfavored by reason of the amount of their contribution or their decision not to contribute. Failure to contribute will not affect an individual’s membership status in the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Your contribution (s) will be allocated among three of C.A.R.’s political action committees, according to a formula approved by the C.A.R. Board of Directors. These political action committees are: CREPAC (supports candidates for public office at the state and local levels); CREPAC/Federal (supports candidates for the U.S. Senate and House of Representatives); and CREIEC (makes independent expenditures in support of or opposition to candidates at the state and local levels). The allocation formula is subject to change including re-designating a portion to IMPAC. (IMPAC is a separate political action committee which supports local and state ballot measures and other issues that impact real property in California.) Corporate contributions are currently legal and acceptable under California law. Corporate contributions cannot be used in federal elections and will be deposited in CREPAC, and/or CREIEC. Of the first $98 (including the REALTOR® Action Assessment), the contribution will be allocated between CREPAC and CREIEC, and then shall be allocated only to CREIEC for any total amounts above $98. Up to $49 of a REALTOR® Action Fund contribution will be divided into $29 for CREPAC/Federal, and $20 for the C.A.R.’s state PACs in an allocation to be determined by C.A.R. Any amount above $49, up to applicable legal limits, will be allocated to CREPAC/Federal Any additional amount will be allocated to CREPAC/Federal (up to the maximum amount allowed). Contributions in excess of the contributions limits will be reallocated to another PAC connected with C.A.R. or refunded to the contributor. Under the Federal Election Campaign Act, an individual may contribute up to $5,000 in a calendar year to CREPAC/Federal.