Carlos Sierra's PAC Fails to File Finances
Shocker, right?
So apparently Keep El Paso Honest doesn't really mean open and honest.
Sierra's Pro-Fenenbock political action committee known as Keep El Paso Honest was required by federal law to disclose expenditures once they exceeded the financial limit of $10,000. They were required to notify the public through a filing with the Federal Elections Commission (FEC) within 48 hours once they had done so.
I previously wrote about the pro-Fenenbock PAC's ties to the GOP. Click here to read more about that. In the same post, I included information about the ad buy they made.
I found this on the FEC website, “Once an individual’s or committee’s aggregate independent ex- penditures during a calendar year reach or exceed $10,000 with respect to a given election at any time up to and including the 20th day before an election, a 48-hour report must be filed with and received by the Commission by the end of the second day after the independent expenditure communication is publicly distributed or otherwise publicly disseminated.”
“Keep El Paso Honest” surpassed the $10,000 spending limit in media advertising that was publicly disseminated as of January 28. According to FEC regulations, a disclosure report from “Keep El Paso Honest” should have been filed and available to the public by January 30.
Carlos Sierra and “Keep El Paso Honest" have failed to do so.
They are subject to financial penalties now. The purpose of such finance laws is to keep dark money out of politics.
The fact that the pro-Fenenbock PAC with GOP ties is dropping in big amounts of cash to support Fenenbock is a demonstration of the fact that the Republicans see an opportunity to take a seat from the Democrats.
Oh, and in case you're wondering if Sierra's PAC is pro-Fenenbock or not, just take a look at the front page of their website:
“Keep El Paso Honest” surpassed the $10,000 spending limit in media advertising that was publicly disseminated as of January 28. According to FEC regulations, a disclosure report from “Keep El Paso Honest” should have been filed and available to the public by January 30.
Carlos Sierra and “Keep El Paso Honest" have failed to do so.
They are subject to financial penalties now. The purpose of such finance laws is to keep dark money out of politics.
The fact that the pro-Fenenbock PAC with GOP ties is dropping in big amounts of cash to support Fenenbock is a demonstration of the fact that the Republicans see an opportunity to take a seat from the Democrats.
Oh, and in case you're wondering if Sierra's PAC is pro-Fenenbock or not, just take a look at the front page of their website:
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