St. Jude Medical. Political Action Committee. Political Contributions & Related Activity Report

Transcription

1 St. Jude Medical Political Action Committee 2012 Political Contributions & Related Activity Report

2 2012 SJM PAC Board R achel Ellingson Vice President, Corporate Relations and SJM PAC Chair Ashli Douglas Sr. Director, Government Affairs and SJM PAC Manager Robert Frenz Director, Treasury Operations and SJM PAC Treasurer Donna Stewart Sr. Supervisor, Corporate Accounting and SJM PAC Secretary Liz Porter Sr. Corporate Attorney and SJM PAC Counsel Mark Carlson Sr. Vice President, Research and Clinical Affairs and Chief Medical Officer (CMO) Kathy Chester Vice President, Global Regulatory David Hendrick Sr. Vice President, Sales Operations Bill Little Vice President, Product Marketing 2

3 From the Chair St. Jude Medical recognizes the impact that public policy decisions have on the global health care community. Because of this, we support the development of sound public policy through direct advocacy, lawful corporate contributions and sponsorship of the St. Jude Medical Political Action Committee (SJM PAC), the nonpartisan political action committee of St. Jude Medical employees. The SJM PAC seeks to educate and mobilize employee political involvement and to support candidates that advance legislation important to St. Jude Medical s growth and development as a medical device manufacturer. St. Jude Medical pays the PAC s administrative costs as allowed by law, but all SJM PAC contributions are funded through the voluntary support of eligible St. Jude Medical employees. In 2012, St. Jude Medical spent $42,900 on state lobbying activities and $595,000 on federal lobbying activities. In the same year, the SJM PAC made $106,250 in political contributions. St. Jude Medical works in collaboration with many coalitions and partnerships to effectively advocate our business objectives, the complexity of our industry and the positive and negative effects proposed legislation could have on the health care industry. Additionally, our government affairs team is actively engaged with lawmakers at the federal level, and in our core business states. Further details about these political contributions and lobbying activities are contained within this report. Rachel Ellingson Vice President, Corporate Relations and SJM PAC Chair 3

4 Political Contributions Policy and Procedure As one of the nation s leading medical device manufacturers, St. Jude Medical plays a key role in improving the current public policy environment by supporting elected officials who understand our businesses and how proposed legislation affects our complex and highly regulated industry. St. Jude Medical positively impacts public policy and regulation through constructive engagement with government agencies. Our active participation in the political process is essential to ensure we have a voice in critical decisions that shape federal and state legislation that will ultimately support the advancement of medical technology and our industry. Corporate Contributions While federal law prohibits St. Jude Medical from making direct corporate contributions to federal candidates, St. Jude Medical may direct contributions to support state candidates in states where such corporate contributions are allowed by law and may make indirect contributions, such as hosting a reception and paying expenses associated with an event. The Vice President of Corporate Relations of the company must approve each corporate contribution. In making contributions, St. Jude Medical complies with all disclosure requirements as prescribed by state and federal law. SJM PAC Contributions Federal law prohibits corporations, such as St. Jude Medical, from making any direct monetary contributions to federal candidates. St. Jude Medical provides an opportunity for eligible St. Jude Medical employees to participate in the political process by sponsoring the nonpartisan SJM PAC. This allows employees to voluntarily combine personal funds to support federal and state candidates. The SJM PAC contributes to existing Members of Congress who are running for reelection and to certain coalitions and committees. The SJM PAC contributes to both Republicans and Democrats and generally contributes to Members where St. Jude Medical has a physical presence in the state or district, a Member who has primary jurisdiction over issues affecting the company, or Members who have championed policies that support the company s goals. The SJM PAC seeks to educate and mobilize employee political involvement and to support candidates that advance legislation important to St. Jude Medical s growth and development as a medical device manufacturer. SJM PAC contributions are made in consultation with the SJM PAC Board, which reviews the proposed contribution list and makes recommendations on future solicitations and employee engagement. Information about SJM PAC s contributions may be found on the Federal Election Commission s web site at 4

5 2012 SJM Corporate Political Contributions State PAC Expenditures California Healthcare Institute PAC $6,500 Ballot Initiatives $0 Independent Expenditures $0 501 (c) (4) Organizations $0 5

6 Lobbying Activity St. Jude Medical engages in lobbying activity to advocate the company s positions on public policy issues with elected officials in federal and state government. In particular, St. Jude Medical supports public policies that enhance patient access to highquality and cost-effective health care. The company supports key systemic changes that will achieve critical efficiencies and improve patient care, including coordination of care, preventive health measures and comparative effectiveness research. Any support for candidates is made in compliance with applicable law. In 2012, St. Jude Medical spent $42,900 on state lobbying activities * and $595,000 for federal lobbying activities. ** St. Jude Medical submits quarterly reports disclosing its U.S. lobbying activities and support for specific legislation that promotes medical technology innovation, patient access and other relevant issues. The reports are available at Also, click here to be linked directly to St. Jude Medical s 2012 quarterly lobbying reports. In 2012, St. Jude Medical paid dues to associations and coalitions of which a portion may be allocated to non-deductible lobbying activity. St. Jude Medical works in collaboration with coalitions, societies and trade associations to advocate and support health care policies related to reimbursement, regulatory approvals and post-market surveillance, and procurement and pricing regarding medical technology therapies. St. Jude Medical contributes to political parties and related institutions, where permitted. Below is a list of the national, state and business trade associations and coalitions whose dues were $10,000 or more for 2012, and include a portion of dues allocated to non-deductible lobbying activity. Association Total Dues * ** Portion Allocated to Non-Deductible Lobbying * ** California Healthcare Institute, Inc. (CHI) $55,000 $ 13,750 LifeScience Alley $16,500 $ 2,475 Medical Device Coalition $30,000 $30,000 * State laws vary on how they define lobbying activity, expenses and what is reportable. For purposes of this report, state lobbying expenses include applicable percents of employee compensation and overhead and outside lobbying consultant fees. ** Federal lobbying expenses are reported as required by the Lobbying Disclosure Act of 1995 and the Honest Leadership and Open Government Act of

7 2012 SJM PAC Statements of Cash Receipts & Expenditures SJM PAC Cash Balance January 1, 2012 $59, Receipts Employee Contributions $90, Other $0.00 Total Receipts $90, Expenditures Federal Contributions $106, State Contributions $0.00 Operating Expenses $ Other Expenses $0.00 Total Expenditures $106, Cash Balance December 31, 2012 $43,

8 2012 SJM PAC Contributions SJM PAC Contributions to Federal Candidates United States Senate Member State District Amount Diane Feinstein CA n/a $2, Michael Bennet CO n/a $2, Chris Coons DE n/a $2, Scott Brown MA n/a $5, Barbara Mikulski MD n/a $2, Al Franken MN n/a $5, Amy Klobuchar MN n/a $ Richard Burr NC n/a $1, Kay Hagan NC n/a $2, Bob Casey PA n/a $1, Orrin Hatch UT n/a $5, Jim Matheson UT n/a $2, John Barrasso WY n/a $2, Mike Enzi WY n/a $5, United States House of Representatives Member State District Amount David Schweikert AZ 6 $5, Brian Bilbray CA 52 $3, John Campbell CA 45 $2, Tony Cardenas CA 29 $5, Anna Eshoo CA 18 $2, Kevin McCarthy CA 23 $1, Diana DeGette CO 1 $1, John Shimkus IL 15 $3, Joe Donnelly IN 2 $1, Brett Guthrie KY 2 $3, Niki Tsongas MA 3 $5, Dave Camp MI 4 $1, Mike Rogers MI 8 $5, Fred Upton MI 6 $2, Betty McCollum MN 4 $5, Erik Paulsen MN 3 $5, John Boehner OH 8 $5, Joe Pitts PA 16 $2, Allyson Scwartz PA 13 $1, Jeff Duncan SC 3 $4, Diane Black TN 6 $1, Marsha Blackburn TN 7 $1, Michael Burgess TX 26 $1, Sam Johnson TX 3 $1, Ron Kind WI 3 $1, SJM PAC Contributions to Federal and State PACs and Party Committees PAC Name State District Amount Federal PACs No contributions in 2012 State PACs No contributions in 2012 Party Committees Minnesota Democratic Farmer Labor Party MN n/a $

9 St. Jude Medical, Inc. Global Headquarters One St. Jude Medical Drive St. Paul, Minnesota Fax Implantable Electronic Systems Valley View Court Sylmar, California Fax Cardiovascular and Ablation Technologies 5050 Nathan Lane North Plymouth, Minnesota Fax St. Jude Medical Brasil Ltda. Rua Itapeva, 538 5º ao 8º andar , Bela Vista São Paulo SP Brazil Fax St. Jude Medical Coordination Center BVBA The Corporate Village Da Vincilaan 11 Box F1 B 1935 Zaventem Belgium Fax St. Jude Medical (Hong Kong) Ltd. Suite 1608, 16/F Exchange Tower 33 Wang Chiu Road, Kowloon Bay Kowloon Hong Kong SAR Fax International Division One Lillehei Plaza St. Paul, Minnesota Fax St. Jude Medical Japan Co., Ltd. Shiodome City Center 15F 1-5-2, Higashi Shinbashi, Minato-ku Tokyo Japan Fax U.S. Division 6300 Bee Cave Road Building Two, Suite 100 Austin, Texas Fax sjm.com