By investing in TREPAC, you get to preserve your livelihood and protect private-property rights. You should know that your TREPAC investment has never been more important. Help keep TREPAC strong.
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
On November 3, 2015, voters passed a constitutional amendment that will increase the homestead exemption by $10,000, lowering your home’s taxable valuable. It will also ban taxes on home sales permanently, ensuring local governments can’t impose another tax on you. TREPAC worked very hard to get the message out to voters and to get this amendment passed.
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 AG 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 2009 and 2007 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.