Disclosure Question

January 5, 2010 9:06 am

by Chris · 25 comments

Looking into something I discovered that Perdue PAC hasn’t filed since July 2007.

Perdue PAC

Since his last report listed about $770k in the bank, isn’t he required to do so?

<b>Updated to add</b>: This rundown of Glenn’s MMV PAC answers some questions too. Looks like Sonny can do whatever he wants with that money with no disclosure.

{ 24 comments }

fishtail January 5, 2010 at 10:11 am

I wonder if Sonny will figure out a way to use his PAC money to pay down his $20 million note with the AgBank in Perry?

BillonCapitolHill January 5, 2010 at 10:37 am

He will just ask Brian Kemp for the Money

I Am Jacks Post January 5, 2010 at 11:28 am

Dumbass. If you’re going to be snarky Kemp-hating douche, at least post something that makes sense.

drjay January 5, 2010 at 11:35 am

i think maybe the implication was kemp owed him favor now, or was buying his seat a la the guv of illinois and his attempt to sell obama’s senate seat…you may not like what he wrote but it is hardly nonsensical…

I Am Jacks Post January 5, 2010 at 11:44 am

It’s the absurdity of Bill’s statement that makes it nonsensical.

BillonCapitolHill January 5, 2010 at 12:03 pm

Thank you Dr.Jay

G. Moxley Sorrel January 5, 2010 at 11:13 am

Maybe some of y’all should read the law and rules regarding how PACs operate before posting here on peachpundit. While I appreciate the open discourse and opinions expressed here, the ignorance of what some posters write is unbelievable and reflects just their hatred of particular politicians not an honest discussion.

PerduePAC has filed the required disclosure reports every due date with the IRS. PACs are exempt from state reporting requirements until they make aggregate contributions of $25,000 or more directly to candidates or candidates committee’s in one calendar year or make expenditures to or on behalf of candidates of $25,000 or more in one calendar year.

Also on a side note, Bobby Kahn filed an ethics claim on this that was later dismissed.

David Staples January 5, 2010 at 11:18 am

I would wager that more people would read the laws if there weren’t quite the number of laws that there are. We have way too many laws and regulations on the books. (Let’s start with Sunday sales and go from there…)

G. Moxley Sorrel January 5, 2010 at 11:27 am

Yes, you are right, there are way too many laws!

Mozart January 5, 2010 at 10:17 pm

Down with laws! should be the theme of the 2010 session.

Chris January 6, 2010 at 8:09 am

As opposed to previous year’s theme: “Down with bras (and panties)!”

Doug Deal January 8, 2010 at 2:06 pm

At least they were “Up with blouses.”

rugby January 5, 2010 at 1:42 pm

People don’t read laws because it is boring to read them.

Romegaguy January 5, 2010 at 5:45 pm

Facts are discouraged on Peachpundit

drjay January 5, 2010 at 11:28 am

it seems he asked a question, and now assuming your information is correct, he got an answer, and we all got to learn a little something…

fishtail January 5, 2010 at 11:39 am

Moxley…I know Sonny is limited by law to what he can do with the PAC money. My comments are related to how he will attempt to manipulate the law to personnally benefit from the PAC proceeds. That much money to a greedy fellow like Sonny who is in financial trouble may prove to be irresistible to him. We won’t know until later how he does it, but I would wager his brain is working on it full-time.

Debra January 5, 2010 at 12:47 pm

Or if they receive $25,000 in contributions. Are you ssuggesting that this PAC hasn’t received $25,000.00 in donations since 2007? That would be unbelievable.

Chris January 5, 2010 at 1:22 pm

Actually Debra, if you look at the 2007 filing, there were two contributions. One for 787k and one for about 1.8k both from Sonny’s campaign organization.

Perdue PAC is sitting on almost $800k and hasn’t done diddly with it.

rugby January 5, 2010 at 1:43 pm

It could almost serve as a metaphor for his administration!

Mad Dog January 5, 2010 at 1:44 pm

Bobby Kahn filed an ethics complaint on Richardson the Impaler, too.

Dismissed by Johnson et al.

Mad Dog January 5, 2010 at 1:46 pm

Posted this in the wrong place.

“Bobby Kahn filed an ethics complaint on Richardson the Impaler, too.”

Which was missed by Johnson et al.

fishtail January 5, 2010 at 3:19 pm

Chris…My reading of what Sonny can do with his $800K PAC would allow him to donate all the money to the GA GOP for the General Election support of the Republican Party’s candidates. Will he do this? I seriously doubt it. He is personnally broke and needs to live off the PAC money until it runs out. I predict he will connive with his tax attorney (Larry “Loophole” O’Neal) and come up with a scheme that legally permits him to launder his PAC money through a foundation that he creates and runs. For example, he could start a foundation called GO Fish Georgia, appoint himself Executive Director at a salary of $200K per year with all expenses paid, including new bass boat and truck, and claim to travel around promoting bass fishing. He could then use the salary to pay off his personal debts. We will know in a couple of years when he has to report.

Mad Dog January 5, 2010 at 3:26 pm

Fish,

You the man. Now how did you learn how to be as good a tax attorney as Loophole Larry?

Nevermind, just please will you do my taxes?

fishtail January 5, 2010 at 9:04 pm

Mad Dog…you don’t need to file if you make less than $7,500 per year.

Comments on this entry are closed.

{ 1 trackback }