CO Watchdog Group: GOP 527 Violated Contribution Limits

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Wednesday, September 27, 2006 at 5:11 pm

The fallout from Colorado Confidential’s investigation of the Trailhead Group continues, with a new complaint being filed against one of Trailhead’s financial cohorts: the Colorado Leadership Fund (CLF).

The nonprofit organization Colorado Citizens for Ethics in Government (CCEG) filed the complaint with the Secretary of State today, alleging that the CLF-also a 527 entity-violated state contribution limits by giving its own political committee $136,031. According to CCEG, the legal limit is $500. If the Secretary of State finds merit in the complaint the fines could be costly. CCEG has estimated that penalties could be as much as $500,000.

This is not counting the complaint CCEG has already lodged with the IRS against the CLF, for failing to report contributions and expenditures. There was also a complaint filed against the CLF’s political committee for accepting the money.

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