Hassan Ethics Report Does Not Disclose $335,000 Loan

Correction: While Hassan’s campaign did not respond to a request for comment on this article, a detailed review of the 23 pages of Ethics Committee guidelines appears to indicate only sitting Senators, and not candidates, are required to disclose home mortgages. NH Journal is not afraid to admit a mistake, and in this case, we were incorrect.

 

New Hampshire Gov. Maggie Hassan appears to have not reported a $335,000 loan on a required financial disclosure document, according to an analysis conducted by NH Journal/InsideSources.

Hassan was required by law to disclose her personal finances to the U.S. Senate Select Committee on Ethics within 30 days of announcing her candidacy for Senate last October. She received an extension and filed the report on January 31, 2016. In the disclosure, Hassan did not report any liabilities.

But according to local records from Rockingham County, N.H., Hassan obtained a 15-year, $335,000 home mortgage on March 23, 2015. Local records do not indicate that the loan has been repaid.

Hassan’s campaign did not respond to a request for comment.

The instructions to candidates from the Senate Ethics Committee state: “Identify and give the category of amount of the liabilities which you, your spouse or dependent children owed to any creditor which exceeded $10,000 at any time during the reporting period. You need only disclose liabilities which exceeded $10,000 at any time during the reporting period.”

This is not the first time during a campaign that questions have arisen over Hassan’s homes. In 2012, the Republican Governors Association ran an ad critical of Hassan for supporting 33 tax and fee increases while not paying property taxes on her own home. That home was tax exempt because it belonged to Phillips Exeter Academy, where her husband was principal.

Author: Shawn McCoy

Shawn is the Publisher of InsideSources.com.

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  • jackieaxe

    Remembering all the liberal “fact checking” sites giving 4 Pinocchios for saying Haggie didn’t pay property taxes. Poor Haggie, she’s not use to being in debt, paying her mortgage and taxes like the rest of us.