From Deseret News archives:
Retiring politicos can leave with cash
Utah's Curtis has about $400K in campaign accounts he could keep
By far most of that cash belongs to House Speaker Greg Curtis, R-Sandy, who was defeated Nov. 4 by Democratic challenger Jay Seegmiller. Curtis has $281,865 in his campaign account and another $99,081 in his political action committee the latest pre-election financial reports show.
But Sen. Carlene Walker, R-Cottonwood Heights, who also lost in the general election, is no cash slacker she has $32,000. And Sen. Darin Peterson, R-Nephi, who briefly sought re-election last spring before getting out of his race, has nearly $30,000. Retiring Sen. Dan Eastman, R-Bountiful, has about $22,000.
That is not chump change.
And while Gov. Jon Huntsman Jr. and GOP and Democratic lawmakers alike are talking about changing the current campaign funding law to restrict state candidates and officeholders from giving themselves campaign money, it is questionable whether such a new law coming out of the 2009 Legislature could be retroactive to current campaign cash.
Considering that among the current crop of 18 retiring legislators, 76 percent of their campaign money in their last year for which disclosure forms are available came from special interest groups, a Deseret News analysis of their latest filings shows, then, in effect, they could be retiring on cash from lobbyists and special interests who sought special favors from them.
Can such a thing really happen, one may ask?
Yep. For example, Rep. Jack Draxler, R-North Logan, gave himself $6,300 last year from his campaign account, telling the newspaper that he is self-employed and he lost more than that through the 45-day general session and other legislative work days when he couldn't earn his regular pay. (Legislators make around $15,000 a year in state pay and expenses.)
And it has become rather regular for some retiring/retired legislators to donate big chunks of their campaign accounts to charities.
Recent comments
We need to remove the temptation and restrict how these funds can be...
Ethically challenged | Nov. 15, 2008 at 10:14 p.m.
"The rest of the story" is yet to be told.
Frankly, the
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Yeah for Anonymous above! | Nov. 15, 2008 at 9:53 p.m.
This story is pointless. You are using numbers that were reported...
Anonymous | Nov. 15, 2008 at 3:51 p.m.
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