Warm Fuzzy

GT12 Congratulates our Austin Friends!

DeLay fundraising group fined, to shut down
By SUZANNE GAMBOAAssociated Press

WASHINGTON — The fundraising organization that helped vault former Rep. Tom DeLay to Republican leadership ranks in the House and distributed election money to numerous Republicans has been fined for campaign finance violations and is shutting down.

Under an agreement with the Federal Election Commission, Americans for a Republican Majority's political action committee agreed to pay a $115,000 fine and close. The agreement, reached July 7, was made public late Wednesday.

The agreement resulted from an audit by the FEC of the committee's records from Jan. 1, 2001, to Dec. 31, 2002. The audit found DeLay's committee had not properly reported contributions, disbursements and cash on hand.

It also found the committee failed to properly report outstanding debts and obligations and did not follow federal rules for paying for shared federal and nonfederal activities.

The audit was conducted last August. Citizens for Responsibility and Ethics in Washington, a watchdog group, had filed a complaint calling for enforcement action against the committee.

Read The Rest Here.