Results | Priorities | Expenditures | Memberships | Looking ahead
In 2013, TI advocated for policies that support growth, innovation and competitiveness. We continued to educate and engage policymakers on critical issues affecting TI and the semiconductor industry.
We were successful in advancing several legislative efforts, including:
- Enactment of the Helium Stewardship Act, which maintains access to the federal helium reserve and stabilizes this key gas supply used in semiconductor manufacturing.
- U.S. Senate passage of comprehensive immigration reform that includes provisions for high-skilled professionals.
- Increased appropriations funding for fundamental research at universities and federal labs.
- U.S. House passage of the Innovation Act to address frivolous patent litigation, while balancing the interests of patent rights holders.
- Enactment of a research and development tax credit in Texas. The state also renewed funding for the Texas Emerging Technology Fund and Research Incentive Program.
- Preservation of two state business-equipment tax benefits important to the competitiveness of our fabrication site in Maine.
TI also worked closely with the federal government on export control reforms affecting semiconductors. We supported efforts to expand the Information Technology Agreement and to conclude key trade agreements with the European Union and Trans-Pacific Partnership economies.
Globally, TI worked with policymakers to accelerate the deployment of energy-efficient and clean energy technologies, and generated awareness of the importance of electronics in automotive safety and innovation. In addition, we worked to ensure support of sound environmental and supply-chain policies.
On some key issues, unfortunately, progress was slow. The U.S. Congress did not make significant headway on comprehensive tax reform. Negotiations on the expansion of the Information Technology Agreement made great progress, but were suspended in July and have not yet gotten back on track.
In Texas, TI unsuccessfully opposed legislation that rolled back state education standards. We also continue to educate policymakers on the drawbacks of a proposed capacity energy market in Texas, which would impose a significant tax on energy users without any guarantee that those funds will be invested in new-generation capacity.
Texas Instruments' global public policy priorities are aligned carefully with the company's strategic business priorities and our ethical values. This alignment supports continued growth and profitability, customers' success, and advances our commitment to corporate citizenship.
TI's public policy interests are global. While much of our advocacy is focused within the United States, many issues transcend national boundaries and we advocate in various geographies. TI monitors policies related to open trade, innovation, sound environmental laws and regulations, fair and competitive tax measures, and policies related to TI business growth priorities, such as clean energy and energy efficiency, health care innovation, increased safety and security.
Our public policy priorities in 2013 (pdf summary) included open trade, export controls, innovation, fundamental scientific research, talent, enabling growth, environment, safety and health, tax, human resources, operational flexibility and intellectual property protection.
TI's political activities and contributions reports are restricted to U.S. activity only. We do not make political contributions in other countries.
In 2013, TI contributed $10,000 to the Water Texas PAC to support Proposition 6, designed to establish an endowment which is estimated to provide as much as $30 billion over the next 50 years in financial assistance for water infrastructure, construction and improvements. Voters approved the ballot initiative.
Political action committee
TI has a small but active political action committee (PAC) that supports various federal, state and local candidates. In 2013, the TI PAC contributed $114,300. In 2012, the PAC contributed $105,450.
TI paid a total of $1,694,970.00 to organizations (see below) in 2013. These organizations either received $5,000 or more in dues or are involved in lobbying activities or both. The portion of those dues used for lobbying and/or political activities that are nondeductible under Section 162 (e) (1) of the Internal Revenue Code amounted to $387,460.00.
TI belongs to many associations with which it works on various policy objectives. We are more active in some organizations than others and do not work on all issues with every association. TI was a member of U.S. and International trade associations in 2013.
In 2014, TI will continue to develop new and deepen existing relationships with policymakers around the world, particularly in regions where we operate. We will also:
- Remain engaged in expanding market access through trade and opportunities for growth.
- Continue to play a leadership role in associations to advance innovation through robust research funding and immigration reform of high-skilled workers.
- Pursue efforts to shape a favorable business environment through sound, globally competitive tax policies.
For a full description of our 2014 policy priorities and a summary of expenditures, see our public policy Web pages.