FEC alerts McConnell campaign that 17 donors have given over the maximum
04/03/2014 04:03 PM
The day of the Supreme Court decision to strike down a campaign contribution limit, the U.S. Senator Mitch McConnell’s campaign received a letter from election finance regulators Wednesday outlining 17 donors had exceeded the campaign finance limits.
The Federal Election Commission sent the McConnell campaign a letter with a list of excessive donations from 17 individuals and four super PACs. When a donor exceeds the $5,200 election year — or $2,600 per primary or general election cycle — contribution limit, the extra amount must be refunded.
Because McConnell is the incumbent in the race, many of the contributions he has received began coming in as early as 2011. The list of excessive donations list shows that many of the donors wrote a check as early as 2011 before writing another a year or two later, causing them to exceed the maximum amount they can give.
The FEC has asked the McConnell campaign to correct the imbalance by May 7, 2014, or face action from the committee.
“Adequate responses must be received by the Commission on or before the due
date noted above to be taken into consideration in determining whether audit action will be initiated,” the FEC letter reads.
Individual donors making the list of excessive donations range from a professor at the University of Louisville to a wealthy investment banker from Arkansas with a net worth of $2.5 billion.
The McConnell campaign received a similar letter in December but after review, the campaign said the FEC had made a mistake and many of the contributions listed were incorrect. And the campaign said they would again be looking into the contributions in question and respond accordingly.
“This is a routine problem for any campaign of this size. Last quarter the FEC highlighted nineteen potential excessive contributions. After investigating, we found that sixteen of the nineteen were proper and that only three contributions totaling $2,900 needed to be refunded, which is one tenth of one percent of our fourth quarter total,” McConnell press secretary Allison Moore told Pure Politics in a statement. “Campaigns have sixty days to reconcile and we have always worked diligently to ensure we meet the letter of the law.”
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