Broun Amends Report, Reveals More Income

Posted February 25, 2010 at 2:05pm

Rep. Paul Broun (R-Ga.) amended his financial disclosure forms this week to disclose $173,000 in income in 2008 that he had previously failed to report.

The income was from the sale of a small office building owned by his wife. On the disclosure form that he filed last May, Broun reported the February 2008 sale of a commercial building as a transaction worth $250,000 to $500,000, but he had not reported any income from the sale.

The building had not been reported as an asset on his prior year disclosure form because it did not generate any income that year, Broun’s office said Thursday.

Broun spokeswoman Debbee Keller said in an e-mail: “When he filed his financial disclosure form this year, he included the building. [The Committee on Standards of Official Conduct] wanted more information, hence the reason for the amendment, and Dr. Broun worked closely with [the committee] since August to compile the recent amendment that attracted your attention.”

Broun’s amendment also included Bank of America stock owned by the Congressman and his wife that had been left off his original filing.