Top Corporate PAC Raises More Than $4 Million
The political action committee of Honeywell International had receipts of $4.1 million in 2013, ranking it first in receipts among all federal corporate PACs.
Honeywell’s PAC had 2013 receipts of $4,121,239 averaging $343,436 per month, with the high month being May ($484,281) and the low month being July ($304,239). The PAC gave out $2.5 million to federal candidates and committees. The PAC also gave almost $500,000 to other political groups and state/local candidates. The PAC had operating expenditures of $752,682.
Here are the corporate PACs with the largest receipts in 2013, and their year-end cash on hand:
The leader of all PACs was ActBlue, which raised $73.7 million. The federal account of Emily’s List raised $19 million. The Service Employees Int’l Union COPE raised $17.5 million. The National Rifle Association Political Victory Committee raised $11.8 million. The American Federation of State, County & Municipal Employees PEOPLE raised $8.8 million.
The Federal Election Commission is still processing the detail of PAC contributions to candidates. When finalized, Political MoneyLine will post the rankings of PACs by the amount they gave to federal candidates and committees.