Tuesday, February 13, 2007

Associated Press Study finds Senator Ramsey's PAC avoided contribution limits


Study finds Ramsey's PAC avoided contribution limits


By ERIK SCHELZIG
Associated Press
Published: Thursday, 01/18/07

Senate Speaker Ron Ramsey

Senate Speaker Ron Ramsey's political action committee avoided campaign contribution limits by giving money to another PAC, which then directed money to key Republican candidates, an Associated Press analysis of campaign finance records has found.

During the beginning of 105th TNGA (January 2007), the Associated Press released the results of an AP analysis of Tennessee campaign finance records and concluded that Ramsey's political action committee (RAAMPAC) circumvented state law pertaining to PAC contribution limits by $15,000 to former state Republican Party chairman John "Chip" Saltman's SALT PAC.

Ramsey's committee, known as RAAMPAC, gave the maximum of $15,000 to each of three Republican candidates during the 2004 and 2006 election cycles. His PAC then gave money to a separate committee, SALT PAC, which in turn gave more money to the same candidates, the AP analysis showed.

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