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Stacey Abrams Lands $1M Donation From George Soros
The Root via Yahoo News Stacey Abrams’s campaign for Georgia governor is in line for a seven-figure fundraising boost, but it has to wait a bit for the check to clear.
George Soros, the billionaire entrepreneur and philanthropist, is donating $1 million to Abrams’ campaign, but she won’t be able to spend any of the money until she’s officially crowned as the Democratic nominee for the seat, reports the Atlanta Journal Constitution. The hold-up is because of a new law that Georgia’s GOP-controlled General Assembly passed last year that was designed to put current Governor Brian Kemp at an early fundraising advantage, but because of lawsuits from Abrams and Kemp’s Republican primary challengers, hasn’t quite worked out that way.
The new law allows candidates for certain offices in Georgia to set up so-called leadership committees, which are a special kind of political organization allowed to skirt the usual campaign fundraising limits and collect unlimited amounts from donors. As originally written, Kemp could immediately begin using his leadership because he’s the gubernatorial incumbent. Abrams and others, including Kemp’s top GOP challenger, David Perdue, would have to wait until they officially won their party’s primaries. The primary contests are scheduled for May 24.
George Soros, the billionaire entrepreneur and philanthropist, is donating $1 million to Abrams’ campaign, but she won’t be able to spend any of the money until she’s officially crowned as the Democratic nominee for the seat, reports the Atlanta Journal Constitution. The hold-up is because of a new law that Georgia’s GOP-controlled General Assembly passed last year that was designed to put current Governor Brian Kemp at an early fundraising advantage, but because of lawsuits from Abrams and Kemp’s Republican primary challengers, hasn’t quite worked out that way.
The new law allows candidates for certain offices in Georgia to set up so-called leadership committees, which are a special kind of political organization allowed to skirt the usual campaign fundraising limits and collect unlimited amounts from donors. As originally written, Kemp could immediately begin using his leadership because he’s the gubernatorial incumbent. Abrams and others, including Kemp’s top GOP challenger, David Perdue, would have to wait until they officially won their party’s primaries. The primary contests are scheduled for May 24.
18 replies
= new reply since forum marked as read
= new reply since forum marked as read
The ones who dissed Abrams for not appearing at Pres Biden's event, as they returned from their exclusive all girls Cabo Club vacay.
They never miss a chance at dissing a Democrat. 👎
https://staceyabrams.com/
