White spokeswoman Katy Bacon said the money did not have to be reported as “occupational income” because it was deferred compensation paid out through a trust of stocks and mutual funds. Bacon said those holdings were disclosed on White's financial statements.

White has refused to release his income tax returns for the years he was Houston's mayor, but last week he publicly disclosed his taxes for 2009. Gov. Rick Perry has released his returns back to 1996.

White's 2009 return showed he had received $83,677 in deferred compensation from the time when he was the CEO of the Wedge Group prior to becoming mayor in 2004.

But there is no mention of the Wedge Group in the personal financial statement he filed on Feb. 16 with the Texas Ethics Commission for financial activities in 2009.

“This is no little white lie. This is a clear failure to comply with the very laws that White is campaigning to uphold as the state's chief executive officer,” GOP Chair Cathie Adams said.

Bacon said the report does not show the Wedge Group because White no longer has a relationship with the company. She said he reported the deferred compensation trust holdings as Advent Claymore CV Sec Mutual Fund; El Paso Corp.; General Electric; National Retail Properties; Sanofi-Aventis; Swiss Helvetia Fund; Taiwan S Manufacturing; and Western Asset/Claymore.

“Cathie Adams, yet again, is completely off base in her attacks on Bill White,” Bacon said.

Incomplete commission filings typically result in civil penalties levied by the commission, but they can become misdemeanors if the omission is deemed intentional. The commission typically does not act on a complaint until an election is over.

The Houston Chronicle this month reported that White made $2.6 million while mayor by serving on the board of directors of BJ Services Co., an oil field service company that is now part of a congressional investigation into possible pollution from industry gas drilling practices.