What is TREPAC?
Tired of being nickel-and-dimed?
You'll love losing thousands in commissions
The last time our state was dealing with a deficit, in 2003, legislators considered a new tax on services. It would extend the state sales tax to all services listed on the HUD-1, including your commissions. And now, it's looking like we'll be faced with a deficit again during the next legislative session. Your help ensures a strong TREPAC to fight a statewide tax.
TREPAC
Texas Real Estate Political Action Committee
What is TREPAC?
TREPAC is a voluntary, nonprofit, unincorporated group whose membership consists of REALTORS and others interested in protecting the free rights of property ownership in the United States. As a political action committee, TREPAC complies with all federal and state campaign-investment laws. The voluntary investments TREPAC receives are used to support candidates for federal, state, and local office who demonstrate their support for the preservation of private property rights and the real estate profession.
TREPAC's Mission Statement:
TREPAC/Texas Association of REALTORS Political Action Committee shall raise and disburse funds to achieve the governmental affairs objectives of the Texas Association of REALTORS and to create a favorable business environment to protect REALTOR profits, rights of property owners, and the free enterprise system.
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Goal 1 – Continue to be the most influential political action committee in Texas
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Goal 2 – Continue to increase TREPAC participation each year.
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Goal 3 – Participate with and support all governmental affairs committees of TAR.
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Goal 4 – Maintain and enhance our relationship with other PACs on issues of common interest.
How TREPAC has helped YOU!
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1999 Licensing of Mortgage Brokers. Mortgage brokers for the first time are licensed by the state of Texas for the benefit of consumers.
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2005 Minimum Services. Codifies regulations relating to a minimum level of service a real estate broker must provide to a consumer.
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2005 Eminent Domain. Protects Texans against government entities that may want to seize their private property on behalf of other private ventures that may be more lucrative.
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2006 Property Tax Reduction. The largest in Texas history, reduces property taxes in excess of $15.7 billion by the year 2010.
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2007 Tax on Personal Autos. Exempts personal vehicles that are also used for business purposes for the production of income from the required rendition for ad valorem tax purposes.
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2009 Property Appraisals. The most significant appraisal reform since 1979, provides additional oversight, uniform standards and helps to slow down the pace of increasing property appraisals.
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2009 Transfer Tax. Defeated multiple proposals to tax real estate, including several bills requiring the creation of a tax on every deed recorded by the county clerk.
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2011 Eminent domain. Enacted strong consumer protections in eminent domain proceedings.
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2011 TREC. Helped the Texas Real Estate Commission attain a self-directed, semi-independent status, insulating the agency from future state-mandated budget cuts and enabling TREC to better serve licensees and consumers.
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2011 DTPA. Passed a revision to the Deceptive Trade Practices Act that effectively exampts real estate brokerage from liability under the act – as long as the broker or agent hasn't committed an unscrupulous or illegal act.
Where do my TREPAC dollars go?
All funds eligible to be invested in candidates in political races are expended for that purpose. Thirty percent of the annual investments received by TREPAC, until quota is achieved, is forwarded to NAR's REALTORS Political Action Committee (RPAC) for use in federal campaigns in Texas and throughout the country. In this manner, TREPAC participates in the political process at the national level, where a multitude of legislative issues threaten private property rights and the real estate industry daily. Of the balance, funds will be invested in candidates for state legislative office, certain statewide offices, and designated candidates in local races as requested by the local association.
TREPAC Levels of Investment
110 Club $110—$249
Lone Star Statesman $250—$499
Capitol Club $500—$999
Sterling R $1,000—$2,499
Crystal R $2,500—$4,999
Golden R $5,000 +
Want to invest in TREPAC?
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Attend one of our fundraisers! Check out the Event Calendar.
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Give online at www.texasrealtors.com
Our fundraisers are a blast!
From pies in the face, games, dinners and auction items – just look at some of the fun, crazy and successful fundraisers we've held in the past!!