report: Fraser didn’t report purchase, sale of land
The lawmaker involved in a questionable land deal with Gov. Rick Perry failed to disclose ownership or sale of the property to the Texas Ethics Commission, an apparent violation of state ethics rules, according to a review of the lawmaker’s personal financial statements.
State Sen. Troy Fraser, R-Horseshoe Bay, didn’t list his September 2000 acquisition of the waterfront lot on Lake LBJ in the disclosure form he filed for that year. He also didn’t note a year later that Perry purchased the property from him in 2001, the documents show.
State law requires elected officials such as Fraser, a friend and political ally of the governor, to describe “any and all” interests they or their families have in real property. They also must disclose any proceeds they receive when those interests are sold.
Failure to file the forms on time can result in civil penalties levied by the commission, though Fraser will not face enforcement because the commission doesn’t have the authority to levy fines for a 10-year-old violation.
Perry’s investment in the resort property was the subject of a lengthy investigation published Sunday in The Dallas Morning News. The paper reported that the governor may have received an enhanced deal based on personal favors from wealthy friends and campaign contributors. Fraser was central to the deal.
Perry’s office has denied any special treatment.