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'''BIPAC''' (Business Industry Political Action Committee) was formed in August 1963 as the "first business PAC" ([[political action committee]]), according to its own history of itself.<ref name="BIPAC's History">[http://www.bipac.net/page.asp?g=BIPAC_PUBLIC&content=wwa-history], BIPAC's History</ref> It is |
'''BIPAC''' (Business Industry Political Action Committee) was formed in August 1963 as the "first business PAC" ([[political action committee]]), according to its own history of itself.<ref name="BIPAC's History">[http://www.bipac.net/page.asp?g=BIPAC_PUBLIC&content=wwa-history], BIPAC's History</ref> It is an independent, nonpartisan, membership-based organization.<ref name="BIPAC Endorses Buerkle In The NY-25 Congressional Race">[http://www.buerkleforcongress.com/index.php/bipac-endorses-buerkle-in-the-ny-25-congressional-race/], BIPAC Endorses Buerkle In The NY-25 Congressional Race</ref> It is supported by several hundred of the nation's businesses, trade associations and politically involved business leaders with affiliated grassroots operations in over forty states and seen as "a potent force in Congressional and state elections"<ref name="Businees to '06 candidates">[a potent force in Congressional and state election], National Journal article about BIPAC</ref> |
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According to [[CorpWatch]], BIPAC's primary activity is "to influence how the employees of its 400 member companies vote," but it also makes campaign donations to some candidates.<ref>[http://www.corpwatch.org/article.php?id=15635 "Citizens United v. America's Citizens: A Voter's Guide" (October 22, 2010) CorpWatch.org]</ref> |
According to [[CorpWatch]], BIPAC's primary activity is "to influence how the employees of its 400 member companies vote," but it also makes campaign donations to some candidates.<ref>[http://www.corpwatch.org/article.php?id=15635 "Citizens United v. America's Citizens: A Voter's Guide" (October 22, 2010) CorpWatch.org]</ref> |
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The ''Action Fund'' is the [[political action committee]] of BIPAC as recognized by the [[Federal Election Commission]]. Contributions to the Action Fund can come from individuals and other PACs, but not from corporations.<ref name="Source Watch page on BIPAC" /> |
The ''Action Fund'' is the [[political action committee]] of BIPAC as recognized by the [[Federal Election Commission]]. Contributions to the Action Fund can come from individuals and other PACs, but not from corporations.<ref name="Source Watch page on BIPAC" /> |
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Several thousand additional companies, local chambers of commerce and state business organizations also participate in the BIPAC 's Prosperity Project (P2). BIPAC's forty plus affiliated state deployment partners (those who officially host the Prosperity Project [[astroturf|grassroots]] initiative in each state) include affiliates of the [[National Association of Manufacturers]] and more than twenty state Chambers of Commerce. BIPAC membership has |
Several thousand additional companies, local chambers of commerce and state business organizations also participate in the BIPAC 's Prosperity Project (P2).<ref name="Business Lobby: We Will Outgun Unions By 2010" /> BIPAC's forty plus affiliated state deployment partners (those who officially host the Prosperity Project [[astroturf|grassroots]] initiative in each state) include affiliates of the [[National Association of Manufacturers]] and more than twenty state Chambers of Commerce. BIPAC membership has increased from 50 companies and associations in 2000 to more than 3,700" in 2008.<ref name="Business Lobby: We Will Outgun Unions By 2010">[http://undertheinfluence.nationaljournal.com/2009/02/business-lobby-sets-ambitious.php], Business Lobby: We Will Outgun Unions By 2010</ref> |
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==Role in Alabama politics== |
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In the wake of the indictment of BIPAC treasurer Robert Geddie, candidates who took money from BIPAC and its affiliates came under media scrutiny. On June 21, 2010, Republican candidate [[Tom Whatley]] got four separate $5,000 checks from Geddie. These four checks were drawn three different Fine-Geddie PACs: NEW PAC, BIPAC, and TEL PAC. Whatley denied that the donation came from the gambling interests named in the indictment, however, saying "If you look at the client list of their firm, you’ll see a list of clients who are predominantly business and industrial...The money I receive (from those PACs) were from their business and industrial clients. I’ve told them, and anyone, I won’t take gambling money.”<ref>[http://www2.wrbl.com/news/2010/oct/13/little-whatley-received-campaign-donations-pacs-ti-ar-954696/ "Little, Whatley received donations from PACs with gambling ties" (October 13, 2010) WRBL News 3]</ref> |
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Republican candidate Terri Collins, however, returned $4,500 she had received from BIPAC, although she emphasized also that the money came from specific local businesses not tied to gambling. <ref>[http://www.decaturdaily.com/stories/Collins-returns-money-to-PAC,69415 "Collins returns money to PAC" (October 8, 2010) Decatur Daily]</ref> |
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Geddie, who was indicted on one count of conspiracy, one count of federal program bribery, 11 counts of honest services mail and wire fraud, and one count of obstruction of justice, maintains that he is innocent of all charges.<ref>[http://blog.al.com/birmingham-news-stories/2010/10/bingo_indictment_profile_rober.html "Bingo Indictment Profile: Robert Geddie's lobbying firm works for the big names in business" (October 5, 2010) The Birmingham News]</ref> |
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==2010 Endorsements== |
==2010 Endorsements== |
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Revision as of 19:00, 25 October 2010
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BIPAC (Business Industry Political Action Committee) was formed in August 1963 as the "first business PAC" (political action committee), according to its own history of itself.[1] It is an independent, nonpartisan, membership-based organization.[2] It is supported by several hundred of the nation's businesses, trade associations and politically involved business leaders with affiliated grassroots operations in over forty states and seen as "a potent force in Congressional and state elections"[3]
According to CorpWatch, BIPAC's primary activity is "to influence how the employees of its 400 member companies vote," but it also makes campaign donations to some candidates.[4]
Organization
BIPAC is organized into the several distinct legal entities that operate cooperatively: The Business Institute for Political Analysis is the operations and administrative core of BIPAC which provides the bulk of BIPAC services and programs. The Institute is a membership organization that does not lobby Congress on issues.[5]
The Action Fund is the political action committee of BIPAC as recognized by the Federal Election Commission. Contributions to the Action Fund can come from individuals and other PACs, but not from corporations.[5]
Several thousand additional companies, local chambers of commerce and state business organizations also participate in the BIPAC 's Prosperity Project (P2).[6] BIPAC's forty plus affiliated state deployment partners (those who officially host the Prosperity Project grassroots initiative in each state) include affiliates of the National Association of Manufacturers and more than twenty state Chambers of Commerce. BIPAC membership has increased from 50 companies and associations in 2000 to more than 3,700" in 2008.[6]
2010 Endorsements
The candidates BIPAC endorsed can be found here.[7]
References
- ^ [1], BIPAC's History
- ^ [2], BIPAC Endorses Buerkle In The NY-25 Congressional Race
- ^ [a potent force in Congressional and state election], National Journal article about BIPAC
- ^ "Citizens United v. America's Citizens: A Voter's Guide" (October 22, 2010) CorpWatch.org
- ^ a b [3], Source Watch page on BIPAC
- ^ a b [4], Business Lobby: We Will Outgun Unions By 2010
- ^ [5], BIPAC Finalizes Candidate Endorsements
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