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OkPac

OkPac is BIGiOK's political action committee that provides financial support for state elected officials who will provide or have shown support of issues affecting the insurance industry and share our business philosophies.

"Why OKPac you may ask."
We've had many successes in the past few years.  Here are a couple of examples:
  • On a state level, we saw the passage of SB1249 – the Affidavit of Exempt Status form.  The was inadvertently left out of the 2014 workers compensation statute and we've been able to introduce and implement a new and improved version.
  • On a federal level, IIABA worked with the IRS for issued regulations of the tax code (Section 199A) for the 20% tax deduction for 'pass through entities' . The issue was that there was a question as to the definition of insurance agents and brokers as to whether they were “specified service trade or business" which would not be eligible for the deduction.  Happily, the draft regulations indicates that the IRS DOES NOT consider insurance agents or brokers to be in this category. 



Contributions to OkPac may only be made by individuals or partnerships.
OkPac
P.O. Box 13490
Oklahoma City, OK 73113.
(405) 840-4426
  • Please print and complete the contributor's statement and send it along with your contribution. Pac Contribution Form
  • Or click here make your donation digitally;

Under Oklahoma Law no contributions from corporations can be accepted.
 
For more information about OkPac or InsurPac, contact BIGiOK at (405) 840-4426.