re­port: Fraser didn’t re­port pur­chase, sale of land

Austin American-Statesman - - METRO & STATE -

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.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.