Posted:
January 17, 2001
Playing the Policy Market
Appendix
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| CONTRIBUTOR (INDUSTRY) | CAMPAIGN CONTRIBUTIONS* | LEGISLATION/ PROPOSAL |
RESULT | BENEFIT TO SPECIAL INTEREST | RETURN ON CAMPAIGN CONTRIBUTION |
|---|---|---|---|---|---|
| Payday Lenders | $27,127 (legislature) | Limit maximum interest rate to 26% (Industry rates range from 390% to 780%) | Fails to pass- SB96 | Continue to collect at least $30 million a year, versus about $2 million. | 103,221% |
| Road Builders and Transportation Interests | $344,189 (governor and legislature) | 1. "Roads-for-jobs-preservation" bill; 2. Transportation budget increases for road projects, rehabilitation and maintenance. |
Approved- 1. SB432; 2. Budget |
1. Create annual $10 million fund to build roads for big business; 2. $309 million in revenue and bonding increases. |
92,582% |
| Vending Machine Industry | $17,870 (legislature) | Sales tax break | Approved-Budget | $3.7 million annual tax reduction | 20,605% |
| Waste Disposal, Paper and Business Interests | $155,659 (governor) | Increased dumping and tipping fees on garbage to fund recycling programs | Reduced by governor's veto - budget | Proposed increases by legislature were decreased $30.9 million annually by governor's veto | 19,751% |
| Agriculture | $92,227 (governor and legislature) | 1. Full-year sales tax break on electricity used in farm operations; 2. Subsidy to ethanol producers |
Approved- 1. Budget; 2. SB378 |
1. $2.2 million annual tax break; 2. $3 million annual subsidy |
5,538% |
| Business, Utility and Paper Interests | $265,372 (legislature) | Establishes industrial mercury emissions requirements | Fails to pass- SB177 | Cost to industries would have been ranges $12-$30 million annually | 4,422% to 11,204% |
| Business, Insurance, Banking, Manufacturing and Distributing | $1,097,923 (legislature) | Combined reporting of corporate income and franchise tax | Removed from governor's proposed budget | Increase business taxes by $47 million annually | 4,181% |
| Paper and Business Interests | $509,004 (legislature) | Increase garbage tipping fees from 30 cents to $2 per ton | Fails to pass- AB702, SB355 | Increase of $1.70 per ton would have cost affected interests $10.4 million annually | 1,943% |
| HMOs, Insurers and Business Interests | $741,647 (legislature) | Require health insurance plans to pay for smoking cessation programs | Fails to pass- SB115 | State formula puts estimates at $5 million to $24 million annually | 574% to 3,136% |
| Banks | $242,160 (governor and legislature) | Exclude ATMs from property tax exemption | Budget veto; AB645 fails | Continue to receive $1.2 million annual tax break | 396% |
| CONTRIBUTOR (COMPANY) | CAMPAIGN CONTRIBUTIONS* | LEGISLATION/ PROPOSAL |
RESULT | BENEFIT TO SPECIAL INTEREST | RETURN ON CAMPAIGN CONTRIBUTION |
|---|---|---|---|---|---|
| Maximus Corp. | $5,000 (governor) | Continue contract to find unclaimed federal human services funds for state | Governor continued state contract with company | $5 million in financial incentives | 99,900% |
| CD Smith Construction | $42,250 (governor and legislators on Building Commission) | Awarded no-bid prison construction contract | Approved- Building Commission | $29.5 million contract | 69,722% |
| 3M Corp. | $7,325 (governor and legislature) | Tax break for temporary product warehousing | Approved- Budget | $500,000 annual tax break | 6,726% |
* Figures represent large individual and PAC contributions from Jan. 1, 1999 through Oct. 23, 2000 to the legislature, and from Jan. 1, 1999 through June 30, 2000 to the governor.
