JEFFERSON CITY, Mo. (AP) — A state audit says Lt. Gov. Peter Kinder may have had a conflict of interest by serving as chairman of both the state Tourism Commission and a nonprofit group that put on the Tour of Missouri bicycle race.

The audit released Wednesday notes that the Tourism Commission has no conflict of interest policy and recommends it adopt one.

The report says Kinder, as tourism chairman, took part in discussions about the Tour of Missouri. And he voted to approve the agency’s budget, which included $2.5 million for the bike race for two years. The audit says Kinder had not disclosed his role with the Tour of Missouri on state ethics reports.

Kinder’s office said that was an oversight and he had no financial interest in the Tour of Missouri.

Copyright 2011 The Associated Press.