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Case File · Political Action Committee

Lincoln Hill Partners PAC: +496% the Year It Dissolved

A PAC that legally traces back to one man's own consulting entity, dissolved as a corporation in mid-2023 — the same year its spending grew nearly fivefold.

"Lincoln Hill Partners" = a DBA of Fides LLC Administratively Dissolved, summer 2023 $347,200 spent the year after dissolving (+496%)

Start Here — Key Relationships

Tap a name to see how each person or entity connects to this PAC.

Fides LLC
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Owns the "Lincoln Hill Partners" Name
Lincoln Shurtz's own entity. Filed the "Lincoln Hill Partners" Assumed Name/DBA on 1/11/2021, nine months before the public four-principal merger was announced.
Lincoln Shurtz
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Sole Registered Agent
Registered agent and Applicant for the "Lincoln Hill Partners" DBA, through his entity Fides LLC.
Gov. Spencer Cox
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Top Recipient
Friends of Spencer Cox has received $82,500+ total across 2022–2025, including one $57,500 payment in 2024.
Lincoln Fillmore
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Two-Way Money Flow
Received $4,000 from this PAC in 2026 alone; his own campaign separately gave $1,500 back to a related Lincoln Hill PAC in 2023.
House Speaker Leadership PAC
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Recurring Recipient
Received escalating annual payments: $10,000 (2023) → $12,000 (2024) → $30,000 (2025) → $30,000 (2026).

New here? "Lincoln Hill Partners" is the name used both for a Utah lobbying firm and for this PAC — but the name itself is legally just an Assumed Name (DBA) filed under one man's own consulting entity, months before the firm's public "four-principal merger" story was ever announced. The PAC built under that name was administratively dissolved in 2023 and never stopped spending.

1. What Is This PAC?

Lincoln Hill Partners PAC is a separate entity from Lincoln Hill PAC (no "Partners" — see that PAC's own case file, linked in Related Coverage), though the two share funders, recipients, and the same core group of people. This PAC's own giving history runs back to at least 2021, predating the public October 2021 announcement that Lincoln Hill Partners had formed via a merger of two existing lobbying firms.

$23,500First confirmed year, 2021
$347,2002024 spending — a +496% jump
43+Recipients sharing one Capitol-area address, 2023 alone

2. The DBA Structure

Utah's Division of Corporations lists "LINCOLN HILL PARTNERS" as an Assumed Name (DBA) — Entity #12108082-0151, formed 1/11/2021. Both the registered agent and the Applicant/Principal on that filing are the same entity: Fides LLC, Lincoln Shurtz's own consulting company (formed a month earlier, 12/14/2020, stated purpose "Political advisory and consulting").

12/14/2020
Fides LLC formed
1/11/2021
"Lincoln Hill Partners" DBA filed under Fides LLC
10/4/2021
Public four-principal merger announced
Summer 2023
PAC administratively dissolved

The name predates the story told about it. The public narrative is a merger of two established firms, credited to four named principals. But the actual "Lincoln Hill Partners" name was filed under one of those four principals' own personal entity, nine months before that merger was ever announced. The DBA's own address, 68 East 300 North, Salt Lake City, is the same address that recurs across 43+ separate recipients in this PAC's own 2023 filings.

3. Year-by-Year Spending

$23.5K
2021
$36.3K
2022
$58.2K
2023
$347.2K
2024
$200K+
2025
~$95K
2026*
*2026 partial-year figure. The PAC administratively dissolved partway through 2023 — spending nearly quintupled the following year.

2021–2023

Before and around dissolution
  • 2021: UHREC $5,000, NUPAC $5,000, Adams Leadership PAC $2,000
  • 2022: Gov. Cox $10,000 (largest that year)
  • 2023: Cox $7,500; House Speaker Leadership PAC $10,000; Jefferson Moss $1,000 direct personal payment

2024–2026

After dissolution, spending escalates
  • 2024: Cox $57,500 single payment; HSLPAC $12,000; NUPAC $10,000; Jon Hawkins $10,000; Derek Brown $5,000
  • 2025: HSLPAC $30,000; Derek Brown $20,000; Cox total 2022–25: $82,500+
  • 2026 (partial): HSLPAC $30,000; UHREC $8,000; Adams Leadership PAC $6,000
Top Recipients, All Years (2021–2026) ▾
RecipientTotal (approx.)
Friends of Spencer Cox$82,500+
House Speaker Leadership PAC$82,000
Northern Utah Legislative PAC (NUPAC)$30,000
Derek Brown (campaign)$25,000
Utah Home & Real Estate Coalition (UHREC)$18,000
Adams Leadership PAC$14,000
Jon Hawkins$10,000
Lincoln Fillmore (campaign)$5,500+
Scott Sandall$7,500
Daniel McCay$5,000

4. Full 2026 Ledger, Itemized

The complete itemized contribution report through 8/25/2026 — every recipient by name, confirming the PAC remains fully active.

DateRecipientAmount
1/14/26Rep. Jacob Fitisemanu (D)$250.00
1/14/26Rep. Verona Mauga (D)$250.00
1/14/26ActBlue Utah$1,000.00
1/15/26Rep. Andrew Stoddard (D)$250.00
1/16/26Adams Leadership PAC$5,000.00 + $1,000.00
4/29/26David Benson (Brooks Benson, SD-11)$800.00
5/15/26Sen. Tamara Tran$1,000.00
6/5/26Republican Women Lead$2,500.00
6/9/26Rep. Carl Albrecht$1,500.00
6/18/26Rep. Carl Albrecht (2nd)$500.00
6/18/26Sen. Derrin Owens$1,000.00
6/18/26Sen. David Hinkins$800.00
6/19/26Sen. Chris Wilson$1,000.00
6/22/26Sen. Evan Vickers$1,000.00
7/15/26Sen. Wayne Harper$1,000.00
7/18/26Lincoln Fillmore$1,500.00
7/23/26Sen. Mike McKell$1,000.00 + $5,000.00
8/4/26Lincoln Fillmore (2nd)$2,500.00
8/7/26Rep. Jen Dailey-Provost (D)$1,000.00
8/11/26Douglas Welton$2,400.00
8/11/26Rep. Steven Eliason$800.00
8/24/26Rep. Walter Brooks$1,000.00
8/25/26Rep. Jon Hawkins$1,000.00

Real bipartisan reach in 2026 specifically: four named Democratic legislators (Fitisemanu, Mauga, Stoddard, Dailey-Provost) plus a direct $1,000 payment to ActBlue Utah itself — the Democratic fundraising platform — all in one year, from a PAC whose largest sums otherwise go to Republican leadership.

5. The Fillmore Round Trip

Lincoln Hill Partners PAC
↓ gives
Lincoln Fillmore's Campaign$4,000 in 2026 alone (8/4 + 7/18)
↓ gives back
Lincoln Hill PAC$1,500 total (7/5/23 + 12/27/23)
A documented two-way flow, not a one-time coincidence.

Several other individual recipients funded by this PAC in 2022–2023 (Balderree, Weiler, Harper, Teuscher, Lee) later donated to Fillmore's own campaign in 2024 — a reverse flow of roughly $4,250, separate from the direct round-trip above.

6. Worth Asking

  • Why does a name legally owned by one person's entity get presented publicly as an equal four-way partnership? The DBA filing predates the merger announcement by nine months.
  • What explains the 30+ month gap between administrative dissolution and any correction? No renewal has ever been filed.
  • Is the Fillmore round-trip a normal reciprocal political relationship, or something closer to a circular funding pattern? The dates and amounts are documented; the reason isn't.

7. Research Status

Resolved during research: the PAC did not disappear from Utah's disclosure system, as initial searching suggested — its own money trail surfaces through recipient committees' incoming-contribution reports even when a name search on the PAC itself doesn't immediately return it, a data-navigation quirk of Utah's disclosure portal rather than evidence the PAC stopped operating.

Still open: whether "Lincoln Hill PAC" and "Lincoln Hill Partners PAC" file under a shared underlying filer ID at the state level, or are treated as fully independent committees despite the overlapping name, personnel, and address.

Sources
Utah Hive Politicsfrom the publisher of The Weber County HiveIndependent · Accountability · Journalism