Judge upholds blind trust used by Rick Scott

in Uncategorized by

A Florida judge is upholding a law that allows elected officials to place their assets in a blind trust instead of reporting each investment publicly.

Leon County Circuit Judge John Cooper on Monday ruled that politicians can use a blind trust and still comply with a 1976 constitutional amendment that requires officials to disclose their finances. The Florida Legislature passed a law last year authorizing the use of a blind trust.

Gov. Rick Scott is the only public official who has been using a blind trust, although this year he disclosed details about his finances when he qualified for re-election.

Jim Apthorp, a former top aide to the late Gov. Reubin Askew, said in a statement he would consult with his attorneys after whether to appeal Cooper’s ruling.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.