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$220K transfer to ex-speaker’s political fund may be illegal

$220K transfer to ex-speaker's political fund may be illegal
January 8, 2010 --

Georgia law may prohibit ex-House Speaker Glenn Richardson‘s recent transfer of leftover campaign cash to a political fund under his control. On Dec. 31, a day before Richardson’s resignation took effect, he cleaned out his re-election campaign’s bank account with the transfer of $219,915 to the MMV Alliance Fund. One potential problem: MMV does not appear to be among the organizations that may legally accept unused campaign contributions.