Federal and state governments play an important role in the long-term direction of the energy industry. El Paso is committed to participating in the political process and believes that encouraging the development of sound public policy is an important part of that commitment. We strive to promote public policies that are in the best interest of our industry and our company’s stakeholders, including shareholders, employees, and the communities in which we operate. We inform public officials about our businesses and the impact of public policy decisions on our operations. We also participate in industry trade associations to assist in developing industry-wide policy positions and support candidates for public office.
The El Paso Corporation Political Action Committee (PAC) enables our employees to have a voice in the political process. Participation in the PAC is voluntary. Through the PAC, we make political contributions where permitted by law and in accordance with established guidelines. More information about our Political Accountability Policy is available on our Web site.
In 2008, we partnered with the Center for Political Accountability (CPA) to enhance disclosures about El Paso’s participation in the political process. As a result of our efforts, the CPA has named El Paso a leader in political disclosures.
Read more about El Paso’s PAC Contributions in 2008:
- The El Paso Corporation PAC made a total of $104,222.50117 in political contributions to federal, state, and local candidates in 2008.
- Total corporate political contributions made by the El Paso PAC in 2008 in state election campaigns where corporate contributions are permitted were $91,800. The following list includes several of the individual corporate contributions made by the El Paso PAC in 20088.
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Florida: Florida Republican Party - $5,000
Louisiana: Republican Legislative Delegation Campaign Committee - $8,000
Senate Democratic Campaign Committee - $3,000
Nevada: Buckley for Assembly - $2,500
Oregon: Mike Schaufler for State Representative - $1,250
Re-Elect Arnie Roblan - $1,250
Texas: Oil and Gas PAC - $5,000
Utah: Huntsman for Governor - $2,000
Senate Republican Campaign Committee - $1,500
John L. Valentine Election Fund - $1,000
Committee to Elect Sheldon Killpack - $1,000
Committee to Elect Rhonda Menlove - $500
Committee to Elect Fred Hunsaker - $500
Committee to Elect Ben Ferry - $500
Committee to Elect Lyle Hillyard - $500
Committee to Elect Pete Knudson - $500
Committee to Elect Curt Webb - $500
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The following is a listing of the corporate contributions made to organizations qualifying under Section 527 or Section 501(c)(4) of the Internal Revenue Code:
- Colorado: Senate Republican Majority Fund - $2,500;
Colorado Leadership Fund - $2,500;
21st Century Colorado - $2,500..
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The following is a listing of the trade associations to which El Paso Corporation contributes with membership dues in excess of $50,000 per year, as well as the portion of the dues attributable to lobbying expenses:
- American Gas Association - $69,901 dues, $2,913 lobbying expenses;
- INGAA - $578,500 dues, $71,500 lobbying expenses;
- U.S. Chamber of Commerce - $64,000 dues, $25,600 lobbying expenses.
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7 The website for the El Paso Corporation PAC 2008 end-of-year filing with the Federal Election Commission for contributions to federal
candidates is: http://query.nictusa.com/cgi-bin/dcdev/forms/C00093948/394378/
8 In our work with CPA, we agreed to provide more detail on individual corporate contributions in any state election campaigns where such corporate contributions are permitted by applicable state law that are (a) in excess of $1,000 in any states in which there is no legal or regulatory obligation by El Paso to report such individual corporate contributions or (b) in excess of $200 in any states in which there is a legal or regulatory obligation by El Paso to report such individual corporate contributions. |
