Political Action committee (PAC)
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What is a PAC?
A political action committee (PAC) is a political committee organized for the purpose of raising and spending money to elect and defeat candidates. Many local and statewide elected officials see the residential rental housing industry as one that needs supervision and as having deep pockets. Recent years have seen dramatic increases in insurance costs, utility expenses and building/maintenance materials without the benefit of rental income growth. And, the added expenses related to higher property taxes and the potential need to pull building permits for routine maintenance nearly deplete even a modest profit. The anticipated huge state deficit predicted raises further concerns about new fees and taxes to further burden the industry. PMAMM is working diligently along PMAM and NAA to protect and serve the needs of the industry against punitive and wasteful legislation. Your involvement and support for pro-housing legislators that share our goals is needed. Contributions to PMAMM PAC can also be made by sending a personal check or money order, with the donation form and designating your donation to the Property Management Association of Mid-Michigan's Affiliate PAC Fund. Corporate checks cannot be accepted under campaign finance laws. |
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