Resort PAC to pay $300,000 fine for taking illegal foreign, corporate money
By Sharon Theimer, APThursday, August 5, 2010
Resort PAC to pay $300,000 fine over illegal money
WASHINGTON — A resort industry political action committee is paying a $300,000 civil fine for campaign finance violations including raising illegal foreign and corporate money.
The Federal Election Commission said Thursday that it reached agreement with the American Resort Development Association-Resort Owners Coalition PAC and its treasurer to settle PAC violations.
The violations include misstating its financial activities, seeking donations improperly and receiving prohibited foreign national and corporate money in recent years.
The FEC says auditors turned up at least $13,242 in foreign money and $3,274 in corporate money. Its report doesn’t say whether any of the prohibited contributions wound up going to candidates.
Tags: North America, Political Action Committees, Political Organizations, United States, Washington