http://www.thenewamerican.com/usnews/politics/8479-rick-perry-and-the-texas-enterprise-fundMost notably was the case of Hewlett Packard, recipient of $3 million to open four data centers around Texas, which never materialized. HP later repaid its grant, but not before contributing $20,000 to Perry’s campaign and $518,767 to the RGA. HP was also one of 18 TEF companies whose CEOs donated to Perry — (one was “was Joe Sanderson, the head of Sanderson Farms Inc., a Mississippi-based chicken producer that received $500,000 from the Enterprise Fund in April 2006. Three months later, Joe Sanderson gave $25,000 to Perry’s campaign. He has since given $75,000 more.)”
The Observer continued, “Eleven other Enterprise Fund recipients have sent corporate checks to the association during the past seven years, according to an Observer analysis of the group’s campaign filings with the Internal Revenue Service. Many of them gave money repeatedly. The 12 companies contributed nearly $1.8 million in corporate money to the association.” Among those giving big money were Lockheed Martin, Home Depot, and Raytheon.
Perry received checks totaling $1 million from the RGA in 2006. In some states, it’s legal for the RGA to accept and spend corporate money, but in Texas, law forbids candidates from receiving or spending corporate funds on campaigns.
So, theoretically, taxpayer dollars could have traveled from their own pockets to the TEF, then as awards to large companies, on to the RGA, then to Perry’s campaign.
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http://dfw.cbslocal.com/2011/10/13/the-texas-enterprise-fund-the-perry-campaign/ Nearly half of the companies receiving grants from the governor’s Texas Enterprise Fund also gave money to Governor Rick Perry’s re-election campaigns or the Republican Governor’s Association, according to a report released Thursday by a watchdog group.
Texans for Public Justice analyzed state records, campaign finance reports and non-profit filings. The group found that 43 out of the 90 companies receiving state money gave almost $7 million to the Republican Governor’s Association (RGA) while Perry was a leader there, or made donations directly to his campaign fund.