Georgia Realtors Face Large Fine For Failing To Disclose Political Contributions : The Real Estate Bloggers

Georgia Realtors Face Large Fine For Failing To Disclose Political Contributions

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If you are a Realtor in Georgia, you may indirectly be a party to campaign violations in the last election cycle. What the Georgia Association of Realtors call a mistake, the State Ethics Commission calls election fraud. More than $400,000 in campaign contributions were never disclosed during the 2006 election cycle.

Odds are this is a mistake as the Realtors have been huge contributors in state politics over the years. What is interesting is that they face an $80,000 fine for their failure to follow the law. And if things have not changed, making a mistake when breaking the law does not absolve the parties.

State law allows groups to set up independent committees to promote candidates and causes. Realtors for Casey Cagle collected $216,000 from the Georgia Association of Realtors last year, then spent $208,000 on advertising, according to campaign disclosure reports.
Such groups can claim independence as long as they don’t coordinate their efforts with a candidate. It allows them to get around contribution limits. For instance, under state law, the Georgia Association of Realtors could only have contributed $10,000 directly to Cagle’s campaign last year.
Realtors for Casey Cagle listed the same address as the Georgia Association of Realtors on their filing documents. via  ajc.com.

Related posts:
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  3. Atlanta Targets Listing Agents With Fines For Derelict Homes
  4. Australian Real Estate Agent Fined For Failing To Disclose Double Murder in Home
  5. Agents Face 100,000 Dollar Fine In Washington If Foreclosure Sellers Not Represented Correctly



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