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.
Former House Speaker Glenn Richardson‘s political fund, enriched last week with nearly $220,000 from a separate campaign account, can legally spend the money almost any way it wishes. “He could spend it on anything he wants to,” said Rick Thompson, former executive secretary of the State Ethics Commission. “If he wanted to pay his rent or buy an automobile through the MMV PAC fund, there’s no restrictions on what he can do … under the Ethics in Government Act.”
By JIM WALLS May 11, 2009 — A Georgia-based political fund has amended a disclosure report to include a $1,000 gift last year to the campaign account of House Speaker Glenn Richardson. But the fund, registered as The Funds for Georgia’s Future, still has not reported another $72,000 given to lawmakers and other political causes […]