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VOL. 129 | NO. 139 | Friday, July 18, 2014

Senate Candidate Gives Loan to Prominent Supporter

AP

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NASHVILLE (AP) – The campaign of Republican U.S. Senate candidate Joe Carr has loaned $200,000 to the company of a prominent supporter in an unusual arrangement that has drawn the attention of the Federal Election Commission.

The Tennessean reports the Carr campaign last year issued the money to Life Watch Pharmacy, a Nashville company led by conservative financier Andrew Miller. The campaign reported more than $9,500 in income from the loan after it was paid back this spring.

The FEC in early June contacted the Carr campaign to ask for an explanation about the transaction, noting that it could violate campaign finance laws if it was a contribution. Miller had already given the maximum $5,200 to Carr.

Carr filed a corrected report last week to stress that the money was not a donation.

Information from: The Tennessean, www.tennessean.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 43 43 12,074
MORTGAGES 78 78 15,834
FORECLOSURE NOTICES 0 0 3,130
BUILDING PERMITS 0 0 28,832
BANKRUPTCIES 0 0 11,671
BUSINESS LICENSES 18 18 4,292
UTILITY CONNECTIONS 190 190 17,922
MARRIAGE LICENSES 43 43 3,711

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