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Friday, May 25, 2018
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Nelson files financial disclosure as Scott waits until late July

WASHINGTON – Sen. Bill Nelson bought and sold a number of mutual funds in 2017, while reporting $52,000 in retirement income from the state of Florida and mortgage liabilities.

His financial disclosure on the May 15 deadline comes as opponent Rick Scott had gotten an extension until July 29 to reveal his much more complex financial portrait.

Nelson, who earns $174,000 as a senator, draws a state pension from his time in the Legislature and as a state treasurer, insurance commissioner and fire marshal, a post he was elected to in 1994.

He reported property valued between $1 million and $5 million in Brevard County (where he draws an agriculture exemption) as well as another undeveloped plot worth up to $500,000.

Read more: Sen. Bill Nelson benefits from Florida's generous 'greenbelt' law

In 2017, Nelson sold a number of IRA holdings and purchased mutual funds.

According to a 2015 report from Opensecrets.org, Nelson had a minimum net worth of $1.3 million and a maximum of $6 million.

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