“Ask Kari” is a monthly, Question & Answer feature from Kari Negri. Kari has two decades of property management experience, is a featured speaker at many industry trade shows, such as AAGLA’s annual trade show, and is the CEO of SKY Properties, Inc. in Los Angeles.
What to Know About PAC Fees
This month’s question comes from Steven in Los Angeles: “Hi Kari, why should we care about PAC fees?”
Hi Steven! PAC fees (Political Action Committee fees) in our industry are an important topic, which we should all consider seriously. Here are five tips on why you should care:
Tip 1: Anti-landlord legislation needs a voice.
There needs to be funds available to support the people who actively represent building owners to our legislative bodies. If we have no funds, we have no voice. If we have no voice, we have no input on the laws, which affect all building owners in California.
Tip 2: Many anti-landlord bills are introduced each year.
Without PAC fee contributions, there is no way to fight anti-landlord legislation effectively. Even when we cannot prevent a bill’s passage, we can have an impact by requesting important amendments, which help to balance new laws. Two current examples include SB-750 and AB-5.
SB-750 Building standards: water meters: multiunit structures. Prohibitions on charging for water consumption. If you charge tenants for water, you may not be able to if SB 750 becomes law.
AB-5 relating to the Homeless Person’s Bill of Rights and Fairness Act. The homeless may become a “protected class” under AB-5. Additionally, landlords will neither be able to ask for credit information nor use credit as a basis to qualify a prospective tenant.
Tip 3: Many apartment owners have no idea what a PAC fee is.
As mentioned, PAC fees help support the collective voice of building owners in California. Many owners think their association memberships cover PAC fees, and it does to some degree. However, because landlords are a constant target, apartment owners need to step up and actively support positive legislation. An effective way to do so is to contribute money and/or time to Political Action Committees.
Tip 4: Get involved!
Contact your local Apartment Association to see how you can contribute to fighting for your rights. We must work as a community.
Tip 5: Stay informed!
Review the political action areas of the AAGLA and AACSC websites:
As always, please remember, I am not an attorney. Seek clarification through your attorney. All articles are simply an opinion. Stay in touch at www.GetSky.net
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