Introducing the Colorado Construction Industry Coalition 527!
The Colorado Construction Industry Coalition (CIC) is a coalition consisting
of the Colorado Asphalt Pavement Association, Colorado Contractors Association,
Colorado Ready Mixed Concrete Association, Colorado Stone, Sand & Gravel
Association and Portland Cement Association - Rocky Mountain Region. Together
this group has combined to form an exciting new tool for improving the business
environment for its collective members.
A 527 group is created primarily to influence the selection, nomination,
election, appointment or defeat of candidates to federal, state or local public
office and to influence ballot measures. When operated within the law, there
are no upper limits on contributions to 527s and no restrictions on who may
contribute (individuals or corporations). There are no spending limits imposed
on these organizations; however, they must register with the IRS, publicly
disclose their donors and file periodic reports of contributions and
The mission of the Colorado Construction Industry Coalition 527 is to educate
Colorado voters on the importance of investing in infrastructure and maintaining
a competitive business climate in Colorado. The focus of the 527 will be to
advance statewide initiatives that increase funding for infrastructure projects
in Colorado. On occasion the 527 may invest in specific targeted political
races where the Steering Committee deems it of extraordinary significance to the
Steering Committee: Will direct and approve all expenditures of the
Fund. It will be made up of representatives from companies that commit a
minimum of $20,000 per year to the Fund. Each company will have one vote on the
Committee. Additionally each member of the CIC associations Executive Directors
will serve as a voting member of the Steering Committee provided that he / she
commits to raising at least $20,000 for the Fund by 2013 amongst their
organization’s membership or directly from their organization. Future
commitments / goals for fundraising to be set by the Steering Committee. The
Steering Committee will operate by consensus. When necessary, a vote of 2/3 of
the membership of the Committee is needed to make expenditures.
Board of Advisors: Will meet as needed to provide input and
suggestions to the Steering Committee and will be made up of representatives
from companies that commit a minimum of $5,000 per year to the Fund.
Supporters: All other contributors to the Fund. May be invited to
meetings of the Fund as needed and will be kept informed of 527 activities
through the participating CIC associations.
Legal Counsel: David Foster will serve as the Administrator of the
Fund. The Steering Committee may call upon consultants / advisors as they see
necessary to carry out their role.