Because of a Missouri Supreme Court ruling reinstating the state’s campaign contribution limits, Gov. Matt Blunt was slated to return $4.46 million in over-limit donations. According to his latest campaign finance disclosure report, however, the governor has only returned about $2.2 million to contributors.
John Hancock, the governor’s campaign spokesman, told The Associated Press that the unreturned money is tied up in investments that carry penalties for early withdrawals. The Missouri Ethics Commission gave candidates until Nov. 26 to declare whether they would return over-limit donations or seek a hardship exemption to keep the money. Blunt had said he wouldn’t seek a hardship. The commission set no deadline by which money must be returned or announced penalties for candidates who fail to honor reimbursement pledges.
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