FAQ'S
What is a PAC?
Political Action Committees (PACs) are simply groups of citizens who
share common interests and voluntarily pool their money to help ensure
those interests are represented in the political process.
There are over 4, 500 PACs at the federal level and thousands more in
the states. They bring millions of people into the political process. It
has been estimated that nearly 70 percent of adult Americans are members
of groups that have PACs!
Why does CAA need a PAC?
Many of the issues the rental housing industry deals with are
complicated and controversial. It’s critical that we effectively present
our views to lawmakers on issues that can profoundly affect the future
of our industry. Participation in the political process is critical to
the success of any industry. The level of success achieved depends on
every individual member’s commitment.
I’m not into politics. Why should I join CAAPAC?
You may not be politically active, but that doesn’t mean political
actions won’t affect you and the future success of the rental housing
industry. The fact is government decisions do have positive or damaging
effects on how you operate your business and the livelihood of your
employees. The CAAPAC needs the broadest support to be successful, so it
is vital that all members participate.
I’m concerned the contributions won’t reflect my personal
political affiliation. Do I have a say in selecting candidates that
CAAPAC supports?
It is not practical - or consistent with the PACs’ purpose – to allow
members to target their contributions to a specific candidate or
political party. However, any PAC member may recommend candidates to
their local association. Each association has two appointed CAAPAC
Trustees who authorize funding, based on the candidate selection
criteria.
CAA works with all public policy makers regardless of their political
affiliation to generate support for many issues important to rental
property owners. To that end, CAAPAC makes contributions to Democrats
and Republicans, equally. We encourage you to support CAA’s missions by
supporting CAAPAC – and to support other candidates and causes you agree
with through individual contributions.
Who can participate?
Participation in CAAPAC is voluntary and open to individuals and
businesses who are interested in the success of the Rental Housing
Industry in California. Federal and State law limits contributors to
individuals who are lawful permanent residents of the United States and
non-foreign held businesses.
How much should I give?
All contributions are voluntary and worthwhile. Neither your decision
to participate nor the amount of your contribution will favor or
disadvantage you.
Are contributions deductible for tax purposes?
Contributions to any political committee or entity are not tax
deductible.
Why Is CAAPAC Important to You and Your Business?
Government decisions at all levels have a major impact on how you run
your business, care for tenants, and manage the bottom line. We must
have legislators in Sacramento who are open to the concerns of rental
property owners and managers and value the vital role our industry has
on the overall economy. Making legal political contributions to key
public policy makers is an excellent opportunity to build relationships
during critical periods at both the state and local level. |