Ky.'s congressmen show range of stock holdings, property in Indiana, W.Va. and Ireland
06/17/2011 01:36 PM
Of Kentucky’s six congressmen in the U.S. House, three are millionaires and several of them have out-of-state property in unusual places.
The financial disclosure forms made public this week also show that Republican U.S. Rep. Hal Rogers, who is chairman of the House Appropriations Committee, is carrying some personal debt in the form of a loan and between $15,000 and $50,000 in credit card debt.
U.S. Rep. John Yarmuth, a Louisville Democrat, has the highest net worth of the delegation, according to the assets he listed on his financial disclosure forms.
Yarmuth’s assets are worth between $3.85 million and $16.87 million. (Congressional financial disclosure forms give ranges of each asset’s worth, such as between $100,000 and $250,000).
Among his most expensive assets is a stake in the home health care firm Almost Family ($1 million to $5 million) and a stake and royalty income in Sonny’s Barbeque out of Orlando.
Yarmuth also listed a rental property in the town of Doonbeg on Ireland’s west coast. The town is home to a golf course designed by Greg Norman.
Yarmuth also owes between $500,000 and $1 million to the Ulster Bank of Scotland for the mortgage on that house.
U.S. Rep. Ed Whitfield, a Republican from Hopkinsville, also reported being a millionaire, with a total worth of between $1.71 million and $4.16 million.
Among his most expensive assets are stocks in oil company Exxon worth between $100,000 and $250,000 and between $100,000 and $250,000 worth of stock in another oil company, Chevron.
This year, Whitfield became chairman of the House Energy and Power subcommittee, which deals with oil, gas and energy issues.
Whitfield also listed two out-of-state properties among his assets: the Old National Bank Building in Greencastle, Ind., that is worth between $500,000 and $1 million and an undeveloped lot near the Greenbrier Hotel in West Virginia.
Whitfield bought the lot near the resort in White Sulphur Springs, W.Va., in January 2003 and still owes $100,000 to $250,000 on the mortgage to BB&T Bank, according to the documents.
But he has put his “Lot 26” in the Travellers Hill development up for sale for $355,000, according to the Greenbrier real estate listings.=
Rogers, the congressman from the 5th District, is the third millionaire of the delegation.
He is worth between $1.18 million and $5.24 million, according to his 439-page filings.
While Rogers has more than $1 million worth of assets, he disclosed $15,001 to $50,000 in debt owed to American Express on his “revolving charge account.” He also included a personal loan taken out in April 2010 worth between $15,001 and $50,000 among his liabilities.
Among the others, Democratic U.S. Rep. Ben Chandler of Versailles showed assets of between $387,014 and $981,000.
U.S. Rep. Brett Guthrie, a Bowling Green Republican, reported a worth of between $294,030 and $975,000.
And U.S. Rep. Geoff Davis, a Hebron Republican, showed assets of between $36,001 and $165,000.
View the documents for yourself:
1st District U.S. Rep. Ed Whitfield, R-Hopkinsville: Whitfield_disclosure.pdf
2nd District U.S. Rep. Brett Guthrie, R-Bowling Green: Guthrie_disclosure.pdf
3rd District U.S. Rep. John Yarmuth, D-Louisville: Yarmuth_disclosure.pdf
4th District U.S. Rep. Geoff Davis, R-Hebron: Davis_disclosure.pdf
5th District U.S. Rep. Hal Rogers, R-Somerset: (Follow the link to the 439-page report)
6th District U.S. Rep. Ben Chandler, D-Versailles: Chandler_disclosure.pdf
- Ryan Alessi
Below the Fold
Rep. Brian Linder admits pressure is now on GOP, but is looking forward to help move the state forward
Gov. Bevin talks new building panel, Medicaid waiver application, gun violence and pensions in wide-ranging news conference
Proposed legislation would allow licensed physical therapists to practice in other states without having to obtain an additional license
Sen. John Schickel says General Assembly has done 'horrible' when it comes to addressing the heroin crisis
Subscribe and get the latest political intelligence delivered to your inbox.