Gov. Perry Looking To Set Up PAC
AUSTIN (AP) -- Rick Perry wants to use money left over from his failed presidential bid to form a political action committee supporting other candidates.
Perry's campaign has written to the Federal Election Commission asking about forming a PAC or super PAC.
A PAC would allow Perry to raise up to $5,000 from individual donors. Super PACs don't impose contribution limits.
The letter says Perry raised $270,000 for the general presidential election and now is asking donors if that money can be transferred to a PAC since he didn't win the Republican nomination.
It says Perry hasn't decided if the PAC would back one or several candidates.
Signed Monday, the letter says Perry's campaign has received at least $100,000 in refund requests from donors who don't want their money used for other purposes.
(Copyright 2012 by The Associated Press. All Rights Reserved.)
