Contributions to RPAC are voluntary and are used for political purposes. You may refuse to contribute without reprisal and the National, Oregon, or local associations of REALTORS will not favor or disfavor any member because of the amount contributed. For non- Major Investors, 35% of each contribution you make goes to your local association to support local political candidates and issues, and the remaining 65% stays at the state level. If you are a Major Investor (those who invest $1,000 or more in a given year), 30% of your investment is sent to the National Association of REALTORSPolitical Action Committee to support federal candidates and is charged against your limits under 52 U.S.C. 30116; the remaining 70% is split to support state (35%) and local (35%) political candidates and issues. Contributions are not deductible for income tax purposes. ORS 316.102 provides for a credit against state taxes of up to $50 per individual or $100 per joint return for contributions to political committees, subject to income limitations. |
