Ethics Commission OKs PAC Money Transfers

A group promoting the passage of a constitutional amendment to mandate funding for common education will be able to keep nearly $1.7 million in contributions from a national teacher's group.

In a unanimous vote Friday, state Ethics Commission members voted not to enforce a ban on transfers from a political action committee to a committee backing a ballot measure.

The decision means Yes on 744, the group backing State Question 744, can keep nearly $1.7 million in donations it has received from the National Education Association.

State law prohibits in-state or out-of-state political action committees from transferring funds to other political action committees in the state, but commissioners decided that law shouldn't apply to funds being transferred from a political action committee that gives to committees that back ballot measures.

Read more: http://www.newsok.com/oklahoma-ethics-commission-says-it-will-not-enforce-ban-for-ballot-committees/article/3496334?custom_click=headlines_widget#ixzz0zsHZhLMP.

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