Know the Law

Housing 2020 Compliance and Procedures

Housing 2020 is a fundraising effort by BUILD-PAC. As a political action committee, BUILD-PAC is regulated by the Federal Election Commission (FEC). The following information is vital to successful and lawful PAC fundraising. Please take a moment to review this list to ensure all BUILD-PAC contributions can be processed and allocated to the PAC.

FEC Rules and Regulations

• Only NAHB members may be solicited for BUILD-PAC. This includes national builder members, associate members and affiliate members.  Solicitations to the general public are prohibited.
• BUILD-PAC only accepts contributions from U.S. citizens and foreign citizens lawfully admitted for permanent residence (green card holders).
• Maximum personal contribution allowed to BUILD-PAC is $5,000 per calendar year.
• Contributions to BUILD-PAC are completely voluntary. NAHB members may choose not to contribute without reprisal.
• Federal law requires political action committees to report the name, mailing address, occupation, and name of employer for each individual whose contributions exceed $200.00 in a calendar year.
• Contributions to BUILD-PAC are not tax deductible.
• The following FEC disclaimer must be written on ALL fundraising requests:
  • Contributions to BUILD-PAC are completely voluntary. You may choose not to contribute without reprisal. Contributions to BUILD-PAC will be used for political purposes and are not tax deductible for federal income tax purposes. Federal law requires political action committees to report the name, mailing address, occupation, and name of employer for each individual whose contributions exceed $200.00 in a calendar year. Foreign nationals cannot contribute to BUILD-PAC.
• Only personal or non-corporate checks or credit cards are accepted by BUILD-PAC. Contributions cannot be reimbursed by an employer.
• Corporate contributions to BUILD-PAC are prohibited by law. However, these contributions may be used to pay BUILD-PAC’s operating expenses.

Contributions

• If you are sending cash through the mail, please use a pre-paid BUILD-PAC FedEx label to ensure the money arrives in a safe and timely manner. To request a FedEx label, please contact BUILD-PAC staff.
• If you would prefer not to send cash through the mail, you may convert it to a money order. Please DO NOT write a personal check for the cash. Contact BUILD-PAC staff with any questions.
• A money order must be accompanied by a list of contributors and all required reporting information (name, amount of contribution, mailing address, occupation, and name of employer).