Donations to Gray transition fund to be capped at $25,000
Donors to presumptive mayor-elect Vincent C. Gray's transition fund will not be allowed to give more than $25,000 and the chairman will routinely disclose his contributors, campaign officials announced Thursday.
On Tuesday, Gray (D) announced he is not accepting a lump sum payment from the city to pay for his transition staff and other expenses. Gray said he's trying to save the city money due to the budget shortfall
Gray's decision raised questions about what limits, if any, would be placed on donors and donations to the fund. Under District law individuals, corporations and labor unions cannot contribute more than $2,000 to a political candidate. But District campaign finance laws do not extend to the transition period.
In 2006, Mayor Adrian M. Fenty (D) received $250,000 from the city to pay for his transition, although he only spent about $150,000 of that. Fenty, however, did raise about $600,000 in private money to pay for his inauguration. Fenty also capped donations to his inaugural fund at $25,000.
| October 21, 2010; 5:27 PM ET
Categories: 2010 District Election, vincent gray
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