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VOTE WEEK
MAY 7TH-13TH
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Did you know?
REALTOR® PARTY CHAMPIONS are chosen by your local government affairs committee and recommended to the State RPAC committee. Each candidate is asked to complete a profile that covers basic information so that the time allotted for an interview is focused on our issues, not theirs. The committee then rate each candidate based on the quality of their interview and how their responses align with our public policy positions.
Often the best REALTOR® Champions are REALTORS® themselves
CANDIDATE TRAINING ACADEMY November 2017
That’s the idea behind the Candidate Training Academy. It gives REALTORS® interested in running for political office an introduction to and expectation of how to run for elected office. It is intended to give candidates a valuable head start in their political journeys and information on how to run successful campaigns.
Contact Veronica 859-547-1354 to Sign up
Educate yourself on REAL ESTATE BALLOT ISSUES
View KAR Legislative Priorities
Learn more about Federal Political Advocacy
REALTOR PARTY® FACTS
What is RPAC?
The REALTOR® Party and the REALTORS® Political Action Committee (RPAC) work together to protect and promote homeownership and private property interests. In fact, RPAC is the backbone of the REALTOR® Party. Since its inception in 1969, RPAC has promoted the election of pro-REALTOR® Candidates including REALTORS® like you across the United States at all three levels of government you who have elected to run for office and become REALTOR Party Champions. Candidates who receive support from RPAC are not selected based on their political party or ideology, but solely on their support of real estate issues. At our Association we conduct interviews & use questionnaires, to determine our local REALTOR® Party Champions. RPAC is the only political group in the country organized for REALTORS® by REALTORS®. YOU ARE THE REALTOR PARTY®
100% of your RPAC investment is used to elect candidates at the local, state, and national levels who both understand and support REALTOR® Issues.70% of your investment remains at the Local & State level while 30% is sent to the national level.
The simple truth is that decisions made by elected official’s impact the business of REALTORS®. That makes it critical to elect candidates who understand the importance of owning, selling and investing in real property. What we do is policy not party, RPAC and the REALTOR® Party work hand in hand to fight public policies that hurt the real estate business and to support those that enhance it.
It only takes a $15 investment to make a BIG DIFFERENCE! INVEST TODAY!
Did you know that NAR and RPAC advocate to the department of labor to include REALTORS® in Association Health Plans which allow self-employed individuals and small employers to purchase health insurance through professional or trade associations?
Did you know for the 1st time in 100 years there will be no tax difference between renting and owning for more than 90% of taxpayers? This is due to doubling the standard deduction, which greatly reduced the value of the mortgage interest and property tax deductions as tax incentives for homeownership. (Congressional estimates indicate that only 5-8% of filers will now be eligible to claim these deductions by itemizing.) (You can view the full report on www.NAR.REALTOR/Taxreform)
Did you know that RPAC fights to promote the long-term reauthorization of the national flood insurance program? So you and your clients aren’t left under water. NFIP extended until July 31st 2018 NAR Research shows a potential loss of 40,000 home sales each month should the program lapse.
All contributions must be made with a personal check or a personal credit card. Corporate funds are not accepted. Contributions are NOT deductible for federal income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. You may refuse to contribute without affecting your membership rights. Seventy percent (70%) of each contribution is used by KYR to support state and local candidates and thirty percent (30%) is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C 441a.
May is REALTOR® Advocacy Month
Check out the REALTOR® Advocacy Website
Vote Week
May 7th - 13th
ACT WEEK
MAY 14TH-MAY 20TH
INVEST WEEK
MAY 21ST-MAY 27TH
SAVE THESE DATES
Share your REALTOR® Party Advocacy Efforts on social media using the hashtag #REALTORParty. Be sure to tag (Northern Kentucky Association of REALTORS® , REALTOR® Action Center on Facebook and @REALTORAction on Twitter) in your post.
Legislative Update - March 2017
Legislative Update
March 2017
Be a part of the Action
Join us at the National Legislative Meetings in Washington D.C
State Update
99 and HB112 Landlord Liability
SB KAR Priority bill HB 112 sponsored by Rep. Stan Lee regarding landlord liability – dog bite passed Senate Monday March 6th by a vote of 32-5. In fact, as of Monday March 20th HB 112 – the dog bite bill – was signed into law by the governor. View KAR’s full Legislative update page
Tax Reform
One of Kentucky REALTORS® top priorities in 2017 is tax reform. Governor Bevin indicated that he plans to call a special session later this year to reform Kentucky’s tax code. In preparation for the session, we are asking for member input through a survey to help guide our priorities through the process. Help provide input for the upcoming special session on tax reform
Kentucky REALTORS Member Survey – Legislative Priority https://www.surveymonkey.com/r/ZFPM67B
Deadline is Wednesday, April 12.
Federal Update
NAR Urges Mnuchin to Protect MID
In a letter dated March 10, 2017, NAR 2017 President William E. Brown urged new Treasury Secretary Steven Mnuchin to protect the current tax benefits of homeownership as the Trump Administration seeks to reform the federal income tax system. The letter explained that certain types of tax reform plans, such as the “Blueprint” ” put forward by House Republicans last year, pledge to leave the MID untouched. However, by nearly doubling the standard deduction while repealing most itemized deductions, “the Blueprint would in fact have the consequences of nullifying not only the MID, but also other tax incentives of owning a home for the great majority of Americans who now are, or who aspire to become, homeowners.” The letter goes on to explain that this kind of approach to tax reform could harm the incentive effect that makes purchasing a home easier for the first-time homebuyer and also could lead to a drop in the value of all existing homes. “The overall result could be a disastrous downturn in the quality of many neighborhoods and communities, and especially our most vulnerable ones,” Brown said in the letter. The letter concludes by asserting that REALTORS® support tax reform, but that in making needed changes, we should “not discard the features of our tax system that make America a homeownership society.”’ View full letter
NAR’s Analysis of the President’s Budget
On Mar. 16, 2017, President Trump released his budget for the 2018 fiscal year, which begins on October 1. View Analysis
Tax Reform 2017: What to Watch Out For
Check out this webinar with Evan Liddiard, Senior Policy Representative for Federal Taxation at NAR. This session gives an update on current tax reform proposals and their implications for homeowners using various scenarios.
Protecting National Flood Insurance Program
Be a part of the Action
Join us at the National Legislative Meetings in Washington D.C
