Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
September 3, 2014

Georgia Power PAC Shorts Out

The Georgia Power Company Federal PAC reported it ran short of funds during March and had a cash on hand balance of $-17,812 on 3/31. How a corporate PAC can do that and not dip in to corporate treasury funds is hard to understand. The PAC does appear to have a payroll deduction plan, with President and CEO William Bowers giving the most. The PAC reported it gave out $79,500 to federal candidates and committees, almost all to the Georgia delegation. The PAC was able to give $10,000 to Reps. Jack Kingston (R), John Barrow (D), Phil Gingrey (R), and Tom Price (R) by giving $5,000 to each member’s campaign committee and also $5,000 to each member’s PAC. In the 2011-2012 cycle the PAC gave out $211,500, with 67% going to Republicans. See 2011-2012 PAC profile.

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