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Governmental Affairs
IMPACT, IIAT's Political Action Committee
Each year, all individuals from IIAT member agencies and organizations are invited to participate by contributing funds
to support campaigns of candidates for legislative, judicial and executive branch offices. IMPACT, the largest insurance-producer
political action program in Texas, has been one of the state's major political action committees since it was begun in 1972.
It is one of the first political action committees formed under a new law allowing their creation.
Political offices targeted for contributions:
- Texas House of Representatives (150)
- Texas Senate (31)
- Governor
- Lieutenant Governor
- Attorney General
- Comptroller
- Members of the Texas Supreme Court (9)
Importance of IMPACT:
- Provides a necessary and important complement to the political goals of IIAT and member agencies
- Keeps IIAT and member agencies competitive in the political arena
- Allows IIAT members to achieve much greater political clout as a group than they could have individually
How the IMPACT program works:
- In January of each year, IIAT members' financial support for IMPACT is requested through solicitations for
- Personal checks or credit card contributions from owners and producers in incorporated agencies (corporate contributions
are prohibited by law)
- Credit card contributions or agency checks from unincorporated agencies
- Funds are deposited in a separate bank account and reserved for use only for campaign contributions
- Selections of campaign contributions are made after review by IIAT governmental affairs staff, the IIAT general
counsel lobby team, IMPACT regional vice presidents and local association leaders
- Checks for candidates are presented to candidates in person by an IIAT member or IIAT staff member
- All income, including names of all donors, and all candidate campaign contributions are reported to the Texas Ethics
Commission
- Financial records are audited each year by the certified public accounting firm of Erickson & Demel
IMPACT investment levels:
- Leadership Club—$250 for each principal and $100 for each producer
- Lone Star Club—$200 for each principal and $50 for each producer
- Capitol Club—$100 for each principal and $25 for each producer
How to invest:
- By check from non-corporate agencies, or by personal check from principals in incorporated agencies: mail to Lee
Loftis, P.O. Box 684487, Austin, TX 78768
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