Political Affairs Meeting Notes
September 22, 2005,  San DiegoChair Dorothy Jackson called the meeting to order at 9:35 a.m. and she reported that we had reached and exceeded our $4 million goal. Sharon Bowler reported that we had met and exceeded our Fair Share goal for RPAC and we have 54 N.A.R. President Circle members.  Sharon Bowler made the recommendation to C.A.R. staff to find out if the $2,000 given to N.A.R. President Circle Club couldbe counted towards the C.A.R. member’s lifetime contribution total. Rick Violett gave an update on what the CREPAC Trustees and Sandi Pfister gave an update on the IMPAC Trustees activities. All is well with both groups!Randall Communicationspresented the new member DVD about the Governmental Affairs Department and REALTOR® Action Fund.  There were several suggestions made and staff was instructed to incorporate some of the changes.The Political Affairs committee made the followingmotion about the suggested amount for the REALTOR® Action Fund and the following motion was made:It was moved, seconded and CARRIED that the amount of the suggested REALTOR® Action Fund contribution be set at $197 for 2006. Vice Chair Dennis Mason reviewed the Pin Redesign Working Group with the Political Affairs Committee and the following motion was made:It was moved, seconded and CARRIED to approve the Pin Redesign subcommittee’s recommendation for the new REALTOR® Action Fund pin that will be given to only those members who have contributed $197.  Additionally, the pin would have a “stone” added to signify their Lifetime Contributions to Date.  Here is the breakdown: $10,001 to $15,000 (Ruby)
 $15,001 to $20,000 (Emerald)
 $20,001 to $25,000 (Sapphire)
 $25,001 to $30,000 (Amethyst)

Vice Chair Dennis Mason discussed the suggested New Allocation formula with the Committee and the following motion was made:It was moved, seconded and CARRIED that the 2006 voluntary political contribution allocation formula be changed as follows:

2006 Proposed Formula
Personal Contributions
10% to CREPAC/Federal ($410,000)
15%to CREIEC ($615,000)
45% to CREPAC/BORPAC ($1.84 million)
30% to Local BORPAC ($1.25 million)
Corporate Contributions
15% to CREIEC
51% to CREPAC/BORPAC
  34% to Local BORPAC
*No corporate contributions are allocated to the CREPAC/Federal component
**Note:  Based on $4,100,000 contribution total the numbers in parentheses represent how much money each account would receive based on their percentage formulaVice Chair Sherry Tietjens reminded the committee about the Golden R Reception being held that evening and to encourage other REALTORS® to become Golden R’s.There being no further business, the meeting was adjourned at 11:25 a.m.