Glenn Richardson to Pay Fine in Ethics Investigation
Former Georgia House Speaker Glenn Richardson has agreed to pay a $500 fine to resolve a state ethics commission probe into his leftover campaign cash.
The state ethics commission on Tuesday unanimously approved the settlement.
The commission was looking into Richardson's transfer of $219,000 in excess cash from his campaign fund to a political action committee he controls.
Under Georgia law, leftover campaign funds must be donated to candidates or political parties or transferred to nonprofits approved by the IRS or the state. At the time MMV Alliance Fund was not registered with the state or the federal govement as a nonprofit.
Robert Highsmith, Richardson's attoey, said matter was an "oversight" and that Richardson has since filed the appropriate paperwork.
Richardson stepped down Jan. 1.
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