We have a long way to go. 

We must raise $125,000 by Sept 31 or we cannot run a legislative campaign in 2024. 

The Plan

FSOMA’s Legislative Committee, with input from their attorneys and government relations team, is currently finalizing its recommendations for changes to F.S. 457.  The next step is for the Committee to share its recommendation with the FSOMA Executive Committee and Board Members to be reviewed.  FSOMA’s goal is to have the proposed updates to F.S. 457 drafted by August 1^st.  Following a full review and agreement by the FSOMA Board, the proposed draft language for updates to F.S. 457 will be shared with the FSOMA Membership and other stakeholders.  During the month of August, FSOMA will invite feedback and comments from the membership. A review of all input will be conducted before a bill is drafted to amend F.S. 457.  

FSOMA has surveyed several legislative candidates experienced in handling healthcare legislation and interested in supporting continued patient access to acupuncture services in Florida.  When the list of candidates is finalized, FSOMA and its legislative supporters and sponsors will likely make a joint announcement.  Ideally, this process will be completed prior to the Annual Conference where more details will be available at the General Assembly. 

Fundraising and the PAC

In 2021, FSOMA established Florida Health Alliance PC.  This political committee (also known as a PAC or connected organization) allows FSOMA to extend its advocacy efforts by adding increased fundraising potential.  It operates by raising funds that can then be donated in accordance with Florida law to political candidates, parties, and other PACs.  By pooling resources, the PAC greatly expands FSOMA’s reach to political candidates around the state who understand and support the practice of acupuncture.  

FSOMA is not a charitable organization, but it is tax-exempt under 501c6; and membership fees paid by its members qualify as a recognized business-related expense, based on FSOMA’s mission and activities.  

For tax purposes, the PAC is a tax-exempt political organization created under Section 527 of the federal tax code.  Although FSOMA members and supporters have a stake in political outcomes, individuals and businesses cannot deduct expenses related to political campaigns.  They may donate to campaigns, political parties, and PACs, but their contributions are not tax-deductible. 

Anyone with questions about qualified business expenses should consult a licensed tax professional for answers to specific tax-related questions.

THANK YOU TO THESE CONTRIBUTORS

Thank you for your interest in the other Funds FSOMA has in place.