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PAC and l&l

Political Action Committee (PAC Fund)

Several thousand bills continue to be introduced into Legislature every session. Several hundred of these bills may affect the collection industry and, ultimately, your business. The CAC PAC Fund needs your support to help elect legislators who favor creating a pro-business environment in California; an environment that allows businesses like yours to grow and prosper.

CAC Legal & Legislative (L&L) Fund

The Legal & Legislative Fund may be utilized for CAC's direct involvement in legal or legislative issues that affect the collection industry as a whole. The L & L Fund allows our Association to draft and support legislation beneficial to the collection industry, as well as to actively oppose anti-business and anti-industry legislation. It also provides the funding for the Association to support or oppose legal challenges in both state and federal courts on behalf of the collection industry.

Founder - Benefactor Program

CAC has a comprehensive plan, which includes goals, and budget planning with the support of a dedicated group of individuals. CAC needs your support for both the PAC and the L & L Fund to ensure our continued success. Join our Founder and Benefactor programs and be among our current major supporters. If you do not wish to become a part of the Founder and Benefactor programs, any support you give is appreciated. Remember, your donations, no matter what size, make a difference. With your help and support, we will continue to improve your business environment and protect your rights to conduct business in California.

Contributions or gifts to CAC-PAC are not deductible for federal income tax purposes. L&L contributions are not deductible as charitable contributions, but may be deducted as an ordinary and necessary business expense subject to restrictions imposed because of the association is lobbying activities. CAC estimates the nondeductible portion of L&L contributions to be 10 percent. (Please consult further with your tax preparer for deductibility of this contribution.)

 

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