Billionaire George Soros donated $1M to Stacey Abrams’ gubernatorial campaign just a few days after she qualified to run in March. He donated the funds through a super PAC. Soros made the donation through Democracy PAC II to One Georgia, Abrams’ leadership PAC.
Donating to political candidates got a little complicated this election cycle because of a new law passed by the Georgia Legislature. Last month U.S. District Judge Mark Cohen ruled that Abrams cannot raise money through a leadership committee until she wins the Democrat Party nomination. She is running unopposed.
She and Governor Kemp were both raising money with their leadership PACs before Judge Cohen’s ruling. The ruling tells the candidates that they cannot raise money without limits with the leadership PACs until they are their party’s official candidate. Abrams can use Soros’ money after she is officially named the Democrat candidate after the primary. In other words, she can keep the money in her campaign coffers but she can’t spend it yet. That is according to David Emadi, executive secretary of the state ethics commission.