Akin adds real estate to federal reports
Tuesday, July 26, 2011
JEFFERSON CITY, Mo. (AP) — Republican Rep. Todd Akin, who is running for a U.S. Senate seat in Missouri, is revising a decade of federal ethics reports to note his stake in some family real estate matters.
Akin released a document Monday indicating he is amending his personal financial disclosure reports for 2001 through 2010 to show his stake in property owned by family partnerships in the St. Louis and Cape Cod, Mass., areas.
The congressman did not initially think the items needed disclosure because he has no controlling interest and received no money from the properties, said Akin spokesman Steve Taylor.
But Akin decided to amend the reports based on an advisory opinion he sought from the House Ethics Committee, Taylor said.
The amended reports state that Akin, his wife and dependent children have a $64,837 share in some St. Louis County property owned by the Akin Family Partnership that includes the home were Akin was raised.
It values their share at $259,330 for the Massachusetts property owned by Salem Knob LLC.