- Associated Press - Thursday, March 5, 2015

PROVIDENCE, R.I. (AP) - Two days after former House Speaker Gordon Fox pleaded guilty to taking money from his campaign account and using it for personal expenses, House Majority Leader John DeSimone has submitted legislation that he says would “close loopholes” in campaign finance reporting.

The Democrat from Providence announced Thursday that the proposed bill would require candidates to prove to the Board of Elections that the balance of their campaign accounts is what they say it is.

Fox acknowledged Tuesday that he made dozens of illegal interbank transfers totaling $108,000 out of his campaign account. Campaign finance records Fox filed with the state showed a balance of $212,000, but prosecutors said the actual balance was $52,000.

Fox also pleaded guilty to bribery. Sentencing is scheduled for June 11.

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