Georgia's ethics commission has reached a preliminary agreement with Glenn Richardson on how to resolve a probe into the former House Speaker's leftover campaign cash.

The matter is on the commission's meeting agenda for Tuesday.

The commission in February said it found probable cause to look into Richardson's transfer of $219,000 in excess cash from his campaign fund to a political action committee he controls.

Under Georgia law, leftover campaign funds must be donated to candidates or political parties or transferred to nonprofits approved by the IRS or the state. MMV Alliance Fund appears not to be registered with the state or the federal government as a nonprofit.

The ethics commission wouldn't discuss the agreement and Richardson did not immediately return a message left Monday afternoon.

Richardson stepped down Jan. 1.

Tags: Georgia, House Speaker, Glenn Richardson, ethics commission, MMV Alliance Fund, IRS, nonprofits