This news update on political spending by chemical companies is brought to you by Environmental Working Group.
As Congress rushes to complete a new law that would seek to “reform” the decades-old Toxic Substances Control Act of 1976, political spending by chemical companies and their trade association has reached record levels, according to a new analysis by the Environmental Working Group.
Based on data provided by the Center for Responsive Politics and company and association lobbying disclosure forms filed with the House of Representatives and Senate, EWG found that Dow, Dupont, BASF, 3M, Honeywell and Koch Industries and the companies they hire to lobby Congress spent $48.6 million last year to lobby legislators, up from $39.6 million in 2010.
These six companies and the American Chemistry Council, the industry trade association, spent $63 million on lobbying last year, up from $49.7 million in 2010. This figure includes spending by companies hired by the ACC and the chemical companies to lobby Congress. This increase in spending comes at the same time that lobbying dollars, in general, are in decline.
For more information on political spending by chemical companies please visit the Environmental Working Group link above. Please contact Nexreg for our Regulatory Services.