Baucus Refunds $1.2 Million in Campaign Donations
HELENA, Mont. (AP) — U.S. Sen. Max Baucus has refunded more than $1.2 million in campaign donations since he announced in April that he was not seeking re-election.
Lee Newspapers of Montana reports Baucus’ campaign account had more than $3.3 million left in the bank on Sept. 30. Spokeswoman Kathy Weber says Baucus hasn’t made any decisions about what he’ll do with the money left in the Friends of Max Baucus bank account.
Under Federal Election Commission regulations, Baucus could transfer any amount to national, state or local Democratic committees. He could donate to other candidates — within state and federal contribution limits. He could use some cash to defray travel costs and expenses related to winding down his office. He also could turn his campaign committee into a political action committee.