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Developer’s PAC reports gift to speaker, silent on other donations



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 in 2007 and 2008. The undisclosed donations include $50,000 given to the Republican Governors Association in 2007 when it was headed by Georgia Gov. Sonny Perdue.

On May 4, Atlanta Unfiltered reported the committee’s failure to report any spending for 2007 and 2008. An analysis of disclosures filed by other candidates showed the Funds for Georgia’s Future spent $123,000 in political donations for those two years.

The fund filed some 2008 disclosures with the State Ethics Commission after Atlanta Unfiltered called the group’s treasurer to inquire about them. Those reports showed most of the group’s money comes from Capital Health Management Inc. of Columbia, Mo., which finances and manages subsidized low-income housing in Georgia.

Failure to disclose a campaign donation is punishable by a fine of up to $1,000. Funds for Georgia’s Future made more than 60 undisclosed donations, the analysis showed.

The Ethics Commission is unlikely to investigate the committee’s actions unless a complaint is filed, Rick Thompson, the commission’s executive secretary, said Friday. The commission is placing a priority on catching up on its current caseload of investigations and sorting out how to handle a 30 percent budget cut imposed by the Georgia Legislature last month, Thompson said.





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