WASHINGTON — If he wins the race to replace Rep. James Lankford in Congress, state Rep. Mike Turner might be the richest member of an Oklahoma delegation whose members are fairly well-to-do. And he would be the youngest.
According to financial disclosure reports filed with the U.S. House of Representatives, Turner has assets valued between $3.5 million and $13.7 million, spread out over his interest in the family business and his own investments.
Turner, an Oklahoma City Republican, has put at least $500,000 of his own money into the campaign, giving him the funds to buy television time in a crowded primary field. Besides Turner, only Corporation Commissioner Patrice Douglas has had enough money to buy significant air time.
The primary is June 24. A runoff, if necessary, would be Aug. 26.
The financial disclosure reports required of federal candidates show assets and liabilities only in very broad ranges.
The reports aren’t designed to show a lawmaker’s net worth. Instead, they allow the public to examine assets, liabilities and transactions for possible conflicts of interest. Candidates aren’t required to list the value of their primary residence or any mortgages on that residence.
Turner, 27, would replace Rep. Markwayne Mullin, R-Westville, as the wealthiest in the seven-person delegation. Mullin last year reported assets valued between $2.8 million and $9 million. Five members of the delegation reported assets last year worth at least $1 million, not counting their homes. Four of those five had assets that could have topped $5 million in value.
Lankford, R-Oklahoma City, is running for the U.S. Senate, which is why the 5th District seat is open. The district includes most of Oklahoma County and Seminole and Pottawatomie counties.
Three of the major party candidates in the race did not file financial disclosure reports, though Shane Jett, a Republican from Tecumseh, and state Sen. Al McAffrey, a Democrat from Oklahoma City, clearly meet the filing requirement.
Below are summaries of the reports filed. Four of the five Republicans who filed a report drew a government salary in 2013. Steve Russell, a retired U.S. Army Ranger, made money from speaking fees and sales of his memoir about the hunt and capture of Saddam Hussein.
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