Find Real Estate Agents and Homes for Sale

Real Estate News --> Alabama News

U.S. senators from Tennessee, Georgia and Alabama report millions in assets

WASHINGTON — Four of the U.S. senators from Tennessee, Georgia and Alabama reported more than $1 million in personal assets, according to their newly released financial disclosures. One got a delay.

Archived Story

On top of his $174,000 salary, Alexander made at least $200,000 in stock dividends from Knoxville-based Custom Foods and more than $100,000 in capital gains on his Texas properties. SenBob Corker was granted an extension until AugustLast year, the Capitol Hill newspaper Roll Call ranked the former Chattanooga mayor the 19th-richest member of Congress, with at least $19.6 million in assets. In Georgia, SenJohnny Isakson reported at least $5 million in assetsHe derives much of his money from real estate, including a 12-acre spread in Rabun County, Ga., valued at more than $1 millionLast year the senator set up a blind trust for his other assets, which include stock in MasterCard and MicrosoftIsakson listed a 20-year-old line of credit as his only liability. Meanwhile, SenSaxby Chambliss reported $107,000 to $380,000 in assets, including holdings with Georgia-based Coca-Cola and AerovectRx Corp., which manufactures aerosol therapeuticsHis lone liability, a mortgage held through Bank of America, is between $100,000 and $250,000. In Alabama, SenRichard Shelby reported no liabilities and assets between $4.9 million and $7.8 million, disclosing million-dollar homes in Tuscaloosa and WashingtonOne of Shelby's largest transactions last year was a cash gift valued between $500,000 and $1 million to his family trustHe made at least $50,000 in rental income for a Tuscaloosa office building he owns. Shelby's colleague, SenJeff Sessions, reported between $3.4 million and $10.6 million in assets and a pair of mortgages that amount to between $500,000 and $1 million in liabilitiesMost of Sessions' assets are investments and land holdings in Alabama, including hunting property in Choctaw County valued at more than $1 million. Lawmakers must report assets held by themselves, spouses or dependent children. Contact staff writer Chris Carroll at ccarroll@times or 423-280-2025. Read previous article Chattanooga's worst schools could get worse Read next article Lead cleanup wrapping up on Southside, but other areas may have to wait Latest Articles Blue Cross and Blue Shield of Georgia members affected by Anthem cyber-attack Grocery Bar workers unsure whether it will stay open or close forever Lawsuit challenges Tennessee use of standardized test scores Sheriff: Firefighter dry-fires pistol at his and his wife's girlfriend Chattanooga Update: Father and daughter arrested Fire destroys home, cars on Glass Stin Chattanooga (with video) Chattanooga's Dennis Haskins appears in 'Saved By The Bell' reunion on Jimmy Fallon 2 women, 3 children join lawsuit over prison strip search Chattanooga plans to turn over Tivoli, Memorial Auditorium UPDATE: Body found in Hixson Wal-Mart continues Chattanooga-area expansion push with plans for Harrison Supercenter Police say Chattanooga bondsmen fired at vehicle: Key Bonding owner, 1 other charged with aggravated assault

Trending Alabama News:

  • Democrat Burton LeFlore launches bid for AL-01 congressional seat
  • Severe weather kills 5 in Alabama, Tennessee
  • What you get for $490,000 in Birmingham, Fairhope and Madison
  • Want a tiny home? More than 20 included in Alabama bankruptcy auction
  • Bham real estate firm arranges $5M sale in Alabama
  • Colorado real estate company pays $42 million for Alabama apartments
  • Selma Police Officer Fires Shot During Shootout at GWC Homes
  • Alabama chosen for stealth squadron
  • River Bend Solar Farm In Alabama Has 300,000 Solar Panels To Power 15,000 Homes
  • Mega-property sale includes 9 Buffalo-area shopping plazas
  • Summerdale, AL Homes For Sale & Real Estate
  • Retirement Systems of Alabama Cuts Position in HCP Inc. (HCP)
  • Housing study highlights need for tornado victims
  • Alabama death penalty cases may soon rest solely with jury
  • Maynard Cooper & Gale adds to real estate group
  • More Real Estate Listings Should Have as Much Fun as This One
  • Home sales up across state, so is price
  • Alabama makes strides in bringing high speed Internet to rural communities
  • Walk-On's expanding into Alabama in 2018
  • Little Caesars Founder Picked Up Rosa Parks' Rent in Time of Need