Ethics Explorer A Guide to the Financial Interests of Elected Officials

U.S. Rep. Michael Burgess (R)

Industry
Medical
Education
B.S., North Texas State University; M.S., Medical Management, University of Texas at Dallas, 2000; M.S., North Texas State University; M.D., University of Texas Medical School, Houston
Spouse
Laura
Committees
Not yet assigned
Financial Statements

Sources of Income

  • Burgess established an OBGYN practice in Lewisville where he worked for 21 years.

  • Burgess receives less than $5,000 a year from Lake Pointe Medical Realty, where he has a partnership interest.

  • Burgess and/or his wife have stock holdings in Compass Bank, CISCO Systems Inc, General Electric, Microsoft, Pfizer and Toyota Motors Corp., among other companies across several industries

  • Burgess and his wife receive income from a retirement account.

  • Burgess also receives less than $5,000 a year from interest on capital gains on five acres of land in Alaska.

Property

  • Residential property in Lewisville valued at $616,270

  • Residential property in Fort Worth valued at $88,500

  • 30 acres of land in Lewisville valued at $1,806

  • 7.5 acres of land in Lewisville valued at $718

  • 30 acres of land in Aubrey, Texas worth between $250,000 and $500,000

  • Five acres of land in Talkeetna, Alaska worth between $1,000 and $15,000

Analysis

  • In 2011, the House Energy and Commerce Committee's Oversight and Investigations Subcommittee, on which Burgess serves as vice chairman, launched an investigation into policy negotiations between the Obama administration and lobbyists for large pharmaceutical companies, including Pfizer, Merck & Co. and Abbott Laboratories. Burgess owns between $1,000 and $15,000 in stock in those three pharmaceutical companies.

  • Burgess' top campaign supporters in the last election cycle include Abbott Laboratories, the American Academy of Dermatology Association, the American Academy of Orthopaedic Surgeons and the American Academy of Otolaryngology.