House Speaker David Ralston, for the first time in five years, has disclosed his wife’s ownership of an undeveloped 10-acre tract in Dawson County. The speaker, who last week added the property to his financial disclosures, said he’d simply forgotten. What he still hasn’t reported is the more than $1 million he’s borrowed, using collateral that’s valued at less than half that much.
Last month, the Senate Republican Caucus reported spending $22,000-plus to support Gwinnettian Garry Guan’s race for the state Senate. That would be a problem. Georgia law treats those expenditures as campaign contributions — capped at $2,400 per race. The remaining 20 grand would be illegal. Now, Republicans say that disclosure was a mistake, that the spending benefited other candidates as well. But that explanation only underscores other weaknesses in campaign finance practices.
More than 90 state lawmakers — and one newcomer — collected $530,000 in campaign contributions this spring even though they will coast to election in November without a fight,an analysis of campaign records shows. More than half of that cash flowed to just 10 of them.