Since 1969, the REALTORS® Political Action Committee (RPAC) has given REALTORS® an important voice in the political process. While as a REALTOR® you play a significant role in your own success, it is critical that an environment exists that doesn’t hamper the way you do business. Members who contribute to RPAC not only help improve the business climate, but also reduce liability and ultimately receive direct savings.

To best demonstrate this, the following are just the latest legislative victories that your RPAC investment has had a vital role in helping both REALTORS® and homeowners.

LOCAL

• Provided support to local candidates in Delaware County, Chester County and the Main Line
• Lobbied against an increase to the local portion of the real estate transfer tax in Upper Providence, Delaware County
• Supporting the implementation of housing elements within Chester County’s plan for growth, Landscapes II

PENNSYLVANIA

• Opposing a provision in Gov. Ed Rendell’s 2010-2011proposed budget that would reduce the state sales tax to 4 percent but expand it to include REALTOR® fees and 73 other currently exempted items (including appraisals, attorney services, credit reports, mortgage originations, home inspections, surveys, title searches, construction, architectural services and site preparation)
• Advocated against the passage of “certificate of clearance” legislation
• Opposing real estate transfer tax increase

NATIONAL

• Protecting affordable, safe financing for American families by supporting legislation that would strengthen the FHA mortgage insurance program, make permanent the higher FHA loan limits and exercise caution before considering additional proposals that may have a profound adverse impact on FHA programs that serve such a critical role for our nation’s families
• Increasing the political and grassroots power of REALTORS®
• Keeping nationally chartered banks out of the Real Estate brokerage business

If you have questions about RPAC victories and other legislative issues on the horizon that RPAC can affect, please contact the Suburban REALTOR® Alliance at 610-981-9000.

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