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:

  • Harbert Outperforming Falcone With 11% Return Suffers Asset Drop
  • With Alabama Senate Race Defined by Scandal, Policy Issues Are Overlooked
  • Goldman upgrade lifts Regions, financials inch up
  • Saturated soil causing trees to fall on homes in Jefferson, Etowah counties during strong storms
  • On Your Side: Viral video shows need for safety straps in homes to keep kids safe
  • Marketing Automation to Fundamentally Change Real Estate Marketing
  • Georgia woman sentenced to 18 months for mortgage fraud, ordered to pay $1.6 million
  • Alabama House passes religious freedom bill for adoption agencies
  • Recalling those we lost in the past year
  • Tim Pawlenty eyes return to national stage, "reflecting" on Al Franken seat
  • The Latest: Authorities ID child killed on Alabama beach
  • Conference to assess Gulf Coast economic health starts Wednesday
  • Mt. Brook, Chelsea make the top 10 places to live in AL
  • Looking for retail, office space in downtown Mobile? Try this new tool
  • Alabama's business climate ranking improves, among nation's best
  • How many homes in your Inland zip code are being flipped?
  • Alabama chosen for stealth squadron
  • Owen to attend another Tide national championship game
  • Alabama coach Nick Saban part of new ownership group for Georgia golf course
  • Investors snapping up multifamily properties in Alabama