The REALTOR Party Political Survival Initiative (RPPSI) was passed with very little dissent a the National Association of REALTORS (NAR) Board of Directors meeting in Washington D.C. RPPSI raises NAR's political expenditures in the wake of a Supreme Court ruling that lifts soft money restrictions.
Shortly after the motion to approve RPPSI passed, the directors voted on another motion addressing funding for the initiative. The board approved raising dues $40 to cover the expenses, which will take effect in 2012.
To read the entire press release from NAR, click here.