Under congressional rules, members of the Senate and House are only required to report their assets in broad terms, such as declaring that a bank account is worth between $50,000 and $200,000. But the reports provide clues as to the wealth of the lawmakers.
In addition, Portman, who comes from a wealthy family, also reported a mortgage on his personal residence near Cincinnati worth between $250,000 and $500,000.
It was the first time lawmakers had to report the mortgages on their properties. The reports cover the lawmakers’ assets for 2011.
Rep. Mike Turner, R-Centerville, reported assets ranging from $170,069 and $1.2 million. He disclosed having two residences, including one in Washington with a mortgage liability ranging from $100,000 to $500,000, and a Centerville home with a mortgage liability between $250,000 and $500,000.
Sen. Sherrod Brown, D-Ohio, reported assets ranging between $418,007 and $945,000. His biggest liability was the mortgage on his home in Avon near Cleveland worth between $100,000 and $250,000.
Portman, Rep. Jim Renacci, R-Wadsworth, and House Speaker John Boehner, R-West Chester Twp., are the three Ohio lawmakers who can definitely be shown to be worth more than $1 million in assets.
Boehner reported assets ranging from $1.78 million to $5.4 million, earning anywhere between $17,816 and $46,701 in income from those assets.
Among area lawmakers, Rep. Jim Jordan, R-Urbana, reported assets ranging from $119,007 to $361,000. He also reported having a liability of between $50,000 and $100,000 on his personal residence in Urbana.
Rep. Steve Chabot, R-Cincinnati, reported assets between $374,031 and $1.2 Rep. Steve Austria, R-Beavercreek, requested and extension and will file his forms later this summer.
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