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Contributing to Public Policy Debates

UTC contributes to public policy debates through our offices around the world, by participating in trade and industry associations and through policy research organizations in major developed and developing marketplaces.

The following are those trade associations to which UTC paid dues of $50,000 or higher in 2008 and the portion of dues paid by the UTC business unit not deductible under Section 162(e)(1) of the Internal Revenue Code:

Trade Association $ not deductible under 162(e)(1)
Air-Conditioning, Heating and Refrigeration Institute (formerly ARI and GAMA) $0
Aerospace Industries Association $31,875
The Business Roundtable $108,358
MetroHartford Alliance $14,784
National Elevator Bargaining Association $0
National Elevator Industry, Inc. $94,372
California Fuel Cell Partnership $0
Mechanical Contractors Association $0
National Association of Manufacturers $15,000
U.S. Chamber of Commerce $18,000

In the U.S., we advocate strong national defense, sustained space exploration, development of fuel cell and other alternative energy technologies, tax incentives for corporate research and development and removing barriers to the free flow of goods across borders.

We join trade associations to share with other companies in our industries business, technical and standards expertise and to be part of an important public education effort regarding major issues of common concern to our industries. We do not join trade associations for political purposes and we do not expect those associations of which we are a member to make political contributions or to be otherwise engaged in the political campaign process. Our participation in trade associations is subject to management oversight and membership requires management approval. Guidelines on trade association participation are treated in Supplements to the UTC Code of Ethics. These guidelines are available to all UTC employees.