TREPAC
The Texas Real Estate Political Action Committee (TREPAC) is a voluntary, nonprofit group of Texas REALTORS® and others interested in protecting the free rights of property ownership. 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.
Volunteer trustees lead the PAC and approve all contributions to political candidates and officials. These dedicated Texas REALTORS® hail from all regions of the state. TREPAC has a long record of successfully defending your earnings and preserving the health of the real estate industry. Here are a few past examples of the PAC protecting your interests:
Stopping Real Estate Transfer Taxes
During the 81st Texas Legislature, which ended June 1, 2009, we defeated multiple attempts to pass new sales taxes on real estate, also known as real estate transfer taxes.
Avoiding More Taxes on Your Vehicle
During the 80th Texas Legislature, we prevailed in exempting your personal auto from ad-valorem taxation. And with overwhelming passage of Proposition 6 in the November 2007 constitutional election, you'll never have to worry about this unfair tax again.
Keeping Title Companies Open for Business
In February 2007, county clerks around the state closed their doors following a Texas Attorney General's opinion that they could be held criminally liable for releasing documents containing consumers' Social Security numbers. We encouraged the Attorney General to suspend the ruling for 60 days, then fixed the problem with emergency legislation.
Curbing Mortgage Fraud Abuses
The PAC played a major role in 2007 and 2009 passing comprehensive legislation to curb mortgage fraud, protecting your clients and ensuring a viable real estate market.
Lowering Property Taxes
In 2006 and 2007, the Legislature passed a historic tax reform package that will save private property owners $6 billion. Not only do current homeowners benefit, but more Texans are now able to purchase homes.
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