|
 |
 |
|
FEC: Rick Perry can alter presidential campaign committee to PAC or super-PAC
-
03/22/12 04:42 PM ET
Texas Gov. Rick Perry (R) can use his remaining presidential primary funds to start a political action committee, the Federal Election Commission agreed Thursday.
The commission made the ruling in response to an advisory request from Perry's campaign, which asked if the Texas governor could turn his presidential committee into a PAC or super-PAC. The Perry camp also asked if they could transfer primary funds to his gubernatorial committee or the new PAC, and about the use of untapped general-election funds.
The Perry campaign sent out letters asking donors to agree to re-designate their general campaign funds raised to remain in the committee’s account. Almost $30,000 worth from donors had accepted the re-designation, while $100,000 had asked for refunds.
Perry, who ended his GOP presidential candidacy in January, has $675,000 in primary funds and $270,000 in general campaign funds in his accounts, according to his FEC reports.
The commission made the ruling in response to an advisory request from Perry's campaign, which asked if the Texas governor could turn his presidential committee into a PAC or super-PAC. The Perry camp also asked if they could transfer primary funds to his gubernatorial committee or the new PAC, and about the use of untapped general-election funds.
Perry can convert his leftover primary funds to a committee, the FEC ruled, and it can also donate those funds to Perry's Texas gubernatorial campaign, Texans for Rick Perry, if Texas law permits.
However, the commission did not come to agreement over the governor’s request to use his general-election funds for either of these purposes.
Perry, who ended his GOP presidential candidacy in January, has $675,000 in primary funds and $270,000 in general campaign funds in his accounts, according to his FEC reports.
Most Viewed RSS Feed »
