Last night Legal Center President Trevor Potter appeared again on Comedy Central’s The Colbert Report as host Stephen Colbert pondered what to do with his leftover Super PAC money. Potter walked the host through a convenient IRS loophole that allows the funds to be transferred from Colbert Super PAC through his 501(c)(4), Colbert Super PAC SHH!, to another secret 501(c)(4) without leaving any fingerprints for prying eyes.
In a note on The Colbert Super PAC website marking the passing of a trusted advisor/canned ham, Ham Rove, Colbert announced that his Super PAC is ceasing operations:
“Due to Ham Rove's timely passing, I am announcing that Colbert Super PAC is shutting down effective immediately. During this time of mourning, we ask that you respect our privacy, and more importantly, the privacy of our money. It wishes to stay out of the public eye, so please don't go trying to find it. Rest assured, you won't. We have a really good lawyer. “I am a man of faith. I believe that Ham Rove in a better place now... and so is the money. I hope you have faith as well, because that's all you're ever going to know for sure.”
To watch Potter’s appearance last night as well as his numerous other appearances on the Colbert Report, click here.
To read the full remembrance and Colbert Super PAC announcement, click here.