Saturday, December 08, 2001

Business interests gave $3.3M to candidates




The Associated Press

        FRANKFORT — Business interests gave $3.3 million to General Assembly candidates last year, according to a report by an organization that tracks campaign finances nationwide.

        The political parties and candidates themselves accounted for $3.4 million, the report said. The organization — the National Institute on Money in State Politics — previously reported that total fund raising for legislative campaigns was $8.8 million, a 40 percent increase from 1998.

        Money from business people and organizations accounted for 37.5 percent of all fund raising. Sixty-two percent of it — just more than $2 million — went to Democrats, the institute said.

        Labor money, which also went mostly to Democrats, accounted for 4 percent and totaled less than $381,000.

        A contribution from anyone in agriculture, commerce, communications, construction, energy, finance, real estate, health or transportation was defined as a business contribution.

        The biggest portion of business contributions was from health professionals. They collectively gave $396,131, which was 12 percent of the total, the report said.

       



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