SuretyPAC

NASBP’s SuretyPAC Is the Only Federal PAC 100% Devoted to Representing the Surety Industry

NASBP’s Political Action Committee, SuretyPAC, is the only federal PAC that is 100% devoted to representing the surety industry and establishing and nurturing relationships with candidates running for congressional office.

For more information about the SuretyPAC, please contact Kathy Mapes Hoffman at khoffman@nasbp.org.

SuretyPAC Facts

1. The SuretyPAC can only directly solicit for voluntary contributions from agencies that have given their authorization to the SuretyPAC. Agencies can provide this authorization by having the NASBP key contact for the agency complete the SuretyPAC prior approval form. An agency can only authorize one PAC during a calendar year. Click here to download the SuretyPAC prior approval form.

2. The SuretyPAC is prohibited from soliciting the employees of any nonmembers and affiliated surety companies.

3. The NASBP SuretyPAC supports candidates, regardless of their political party, who understand the value that surety bonding brings to the efficient functioning of government and commerce, benefiting their communities and constituencies.

4. Since 1995, SuretyPAC has distributed over $150,000 to congressional candidates. These disbursements are vital for NASBP to have access to members of the U.S. Congress and influence federal legislative decision-making. The importance of the SuretyPAC continues to grow every year.

5. SuretyPAC contributions are not deductible as charitable contributions or business expenses for Federal or State income taxes purposes. Contributions are subject to limitations of FEC regulations Section 110.1, 110.2 and 110.5. www.fec.gov

6. All contributions must be in the form of a personal check. Contributions from corporations are illegal. SuretyPAC contributions are not limited to the suggested amount. Neither the SuretyPAC nor NASBP will favor or disadvantage anyone based upon the amounts or failure to make SuretyPAC contributions.

7. SuretyPAC contribution cycles are based on federal election cycles; thus, the cycles occur every two years. The present cycle is 2009/2010.

SuretyPAC Authorization Form (Updated 01-09) (Adobe PDF File)