ROOFPAC convention event preview
ROOFPAC, NRCA's federally registered political action committee, supports pro-business candidates for the U.S. Senate and House of Representatives. ROOFPAC is sustained through donations from NRCA members and receives no funding from annual NRCA membership dues. Initiated in 1990, ROOFPAC has contributed to hundreds of congressional candidates, but not until the 2000 election did ROOFPAC support a presidential candidate, giving the maximum amount allowable by law—$5,000—to President Bush. For the 2004 election cycle, ROOFPAC already has contributed to 40 congressional candidates and once again has given the maximum amount allowable to Bush. But there is more to be done.
ROOFPAC's growth has bolstered the effects of NRCA's Washington, D.C., office and legislative agenda. The recent introduction of the Realistic Roofing Tax Treatment Act of 2003, S 1679/HR 3310, which would shorten the depreciation schedule for commercial roof systems from the current 39-year period to 20 years, demonstrates ROOFPAC is achieving success and reflects NRCA's clout on Capitol Hill. ROOFPAC will contribute to members of Congress who sponsor the act and, particularly, have a proprietary interest in seeing the act is passed into law, providing a boost for the industry and, ultimately, U.S. economy.
But to build on the political momentum created for NRCA's legislative agenda, it is imperative ROOFPAC receives as much financial support as possible during NRCA's 117th Annual Convention and Exhibit, Feb. 22-25, 2004, in San Diego. ROOFPAC events include golf, tennis and sporting clays tournaments and an auction. Proceeds from these events will account for roughly 50 percent of ROOFPAC's budget for the 2004 election cycle.
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