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Kay Ivey

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Kay Ivey
38th Alabama State Treasurer
Incumbent
Assumed office
January 20, 2003
Preceded byLucy Baxley (D)
Personal details
Born (1944-10-15) October 15, 1944 (age 79)
Camden, Alabama, U.S.
Political partyRepublican
ResidenceMontgomery, Alabama
OccupationBanker

Kay Ellen Ivey (born October 15, 1944) is the 38th Alabama State Treasurer. She is a Republican.

Biography

Kay Ivey was born in Camden, Alabama, in 1944. She graduated from Auburn University, and worked in education, banking and government before winning her current post. In 1982, Ivey had run unsuccessfully for State Auditor as a Democrat. [1] She was Director of Government Affairs and Communications for the Alabama Commission on Higher Education from 1985 until 1998.[2]

Ivey took office in 2003, after defeating Stephen Black, the grandson of former United States Supreme Court Justice Hugo Black, in the 2002 general election, by a margin of 52-48%[3] In 2006, Ivey was re-elected over Democrat Steve Segrest by a 60-40% margin.[4]

One of Ivey's duties as State Treasurer is administration of the state's Prepaid Affordable College Tuition Program. Ivey has made a regular practice of extending deposit deadlines and otherwise improving access to the program.[5] However, Ivey's 2006 opponent, Steve Segrest, criticized Ivey for delaying improvements until just before the 2006 election, and for not taking action regarding actuarial deficits in the tuition program.[6]

In early 2008, Ivey was named a defendant in a lawsuit (by virtue of her position as State Treasurer) filed on behalf of property owners, who claimed that the State inflated property values for ad valorem taxes by improperly excluding foreclosure sales from valuations.[7]

Democratic former Secretary of State Nancy Worley was indicted in 2007, based principally on a letter she sent to her staff members, soliciting their support for her unsuccessful 2006 re-election bid. Worley's lawyers brought Ivey's name into the case when they revealed a letter, sent by Ivey to her employees, soliciting campaign contributions for the 2008 presidential campaign of former Massachusetts Governor Mitt Romney. Ivey was the Alabama chairwoman of Romney's campaign. Worley's lawyers pointed out that Republican Attorney General Troy King had not prosecuted Ivey, as he had Worley.[8]

Under the Alabama Constitution, Ivey was not be eligible to seek re-election to a third term in 2010.[9] Ivey's name surfaced in press speculation about gubernatorial candidates in 2010.[10][11] There was a movement started to draft Treasurer Ivey to run for Governor of Alabama in 2010.

Ivey criticized Rep. Parker Griffith's party switch. She told political expediency is an insult to the workers who help candidates get elected, and political self-preservation isn't a virtue.[12]

On June 24, 2009, Ivey announced her candidacy for governor at a series of events in Montgomery, Birmingham, Huntsville and Mobile, Alabama. However, on March 31, 2010, Ivey abandoned her run for governor and qualified to run for lieutenant governor.[13] On June 1, 2010, Ivey won the Republican nomination for lieutenant governor over State Senator Hank Erwin, Jr. and Daphne schoolteacher Gene Ponder.

On November 2, 2010, in a Republican sweep, Kay Ivey defeated Democratic Lt. Governor Jim Folsom, Jr. in the General Election and will assume that office in January 2011.

Notes

  1. ^ "State Treasurer," The Birmingham News, November 3, 2002, p. 2B
  2. ^ "State Treasurer," The Montgomery Advertiser, November 3, 2002, p. A7
  3. ^ Certification of General Election Results, 2002
  4. ^ Certification of General Election Results, 2006
  5. ^ "Prepaid Tuition Deadline Extended," The Montgomery Advertiser, January 1, 2008, p. B1
  6. ^ "Stewardship, College Funds Noted," The Montgomery Advertiser, October 6, 2006, p. A7
  7. ^ Property Tax Lawsuits Filed Across the State," Mobile Press-Register, January 19, 2008, p. B5
  8. ^ "Attorneys Compare Worley, Ivey Letters," The Huntsville Times, July 11, 2007, p. 1B
  9. ^ Ala. Const., Amend. 282
  10. ^ "Hubbard Keeping Options Open for 2010," Opelika-Auburn News, January 18, 2008
  11. ^ "Democrats Can’t Start a Fire Without a Sparks," Roll Call, May 15, 2007
  12. ^ "Ivey hits Parker Griffith on switch to GOP". WRCB-TV. MONTGOMERY, Ala. The Associated Press. December 24, 2009.
  13. ^ http://blog.al.com/spotnews/2010/03/post_529.html

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