texas-personal-financial-statements
Top five lawmakers in mutual fund gains

In 2014 Representative Dewayne Burns could have netted up to $184,995 in mutual fund gains according to a review of the latest personal financial statements on file with the Texas Ethics Commission. There is one major problem with this figure and all conclusions drawn from current personal financial disclosure filings: instead of giving specific, accurate…

texas-personal-financial-statements
Top five lawmakers bond sales

In 2014, Representative Mark Keough could have netted up to $299,988 in bond sales, according to a review of the latest personal financial statements on file with the Texas Ethics Commission. There is one major problem with this figure and all conclusions drawn from current personal financial disclosure filings: instead of giving a specific, accurate…

texas-personal-financial-statements
Legislator net worth currently unattainable

It is currently impossible to decipher an accurate net worth for members of the Texas legislature. The current Texas Ethics Commission filing guidelines are simply too vague. Debt needs to be quantified much more clearly in order to improve transparency. A review of financial filings show that at least 64 lawmakers are in debt for…

texas-personal-financial-statements
Debt disclosure

Every year lawmakers in Texas file disclosures with the Texas Ethics Commission. These disclosures shed some light on how much money they have and how much they owe. The forms they file are inadequate and provide lawmakers too much wiggle room for avoiding meaningful disclosure. Part 6 of the filings legislators must submit to the…

texas-personal-financial-statements
Financial disclosure – protection for the people

Corrupt lawmakers and the Texas Ethics Commission have been focused on trying to take out political rivals and trying to limit free speech. This is a legislative oversight body and those they were created to oversee working against those they were intended to protect. This pursuit has shielded lawmakers and the Texas Ethics Commission from…

texas-personal-financial-statements
Income Sources

Annually, lawmakers are required to disclose sources of income for themselves, their spouses, and their dependent children. According to the latest filings with the Texas Ethics Commission, over a quarter of our lawmakers and their spouses work in the legal profession. In 2014 disclosures, lawmakers and related individuals also pulled income from medical, ranching, accounting,…

texas-personal-financial-statements
Bottom five Texas lawmakers selling stocks

In 2014, Representative Paul Workman lost up to $74,996 in individual stock sales according to a review of the latest personal financial statements on file with the Texas Ethics Commission. That figure could be much lower. The problem is that the current filing system starves Texans from accurate information. Lawmakers during the 2015 legislative session…

texas-personal-financial-statements
Top five lawmakers selling stocks

In 2014, Representative Ron Simmons may have netted up to $1.6 million in the sale of stocks, according to a review of the latest personal financial statements on file with the Texas Ethics Commission. There is one major problem with this figure and all conclusions drawn from current personal financial disclosure filings: instead of giving…

texas-personal-financial-statements
Errors in financial reporting

Combing through the financial reports that lawmakers have filed with the Texas Ethics Commission reveals that, like everyone, lawmakers are prone to make mistakes while filling out paperwork. Throughout the over 4,500 pages of records reviewed to create our database, we’ve come across un-ticked boxes and fields left partially completed or empty. Some lawmakers seem…