Personal Finanace

Congressional candidate Genevieve Collins fails to submit personal financial disclosure report

Congressional candidate Genevieve Collins has failed to submit a required personal financial disclosure form to the U.S. House, according to House records.

Collins, R-Dallas, is trying to unseat incumbent Democrat Colin Allred in District 32. She’s a first-time candidate but has longstanding ties in Dallas.

Disclosure reports are designed to shed a light on the financial activity and investments of candidates and public office holders. It’s a safeguard against conflicts of interest and other ethical traps.

Collins said Monday that she would file the report this week and pay a $200 fine for being late. She blamed her tardiness on a software problem.

The report was due in August. Records show Collins requested a 90-day extension but missed the November deadline. Her rival in the GOP primary, former Navy Seal Floyd McLendon, has filed his report. Allred, a sitting member of Congress, has followed the guideline as well.

Collins is the head of corporate strategy at Istation, which she describes as an education technology firm that helps students and teachers reach their academic goals.

According to his report, McLendon is being paid $37,800 as an executive aide for Texas Attorney General Ken Paxton. He also was paid $6,586 as a mental conditioning coach and $3,000 for professional speaking.

Allred lists between $15,001 and $50,000 each for an NFL annuity program and a retirement account. He had a short career with the Tennessee Titans. Public records show he is paid $174,000 annually for being a congressman. His spouse is listed as being paid $11,730 from Legal Aid of Northwest Texas.

Source

neallesh@yahoo.co.uk

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