Congresswoman Allyson Schwartz (D-Montco) made productive use of her final three months as a congressional candidate, raising $416,000 in the first quarter. She also made a big transfer to her gubernatorial campaign.
She transferred $3,000,000 to her gubernatorial campaign committee, Pennsylvania for Allyson, on March 31. Lax state contribution rules allow her to transfer the money into the Guv account, but federal rules prohibit her from transferring it back. In essence, she has put her money where her mouth is.
It’s an impressive sum for a congressional candidate in a non-election year, but it it’s actually not a major jump for Schwartz. She raised $394K in Q1 of 2011 and $370K in Q1 of 2009.
It shows that she was able to maintain her fundraising efficiency even after it was clear that she was planning to run for Governor instead of re-election. And now that she is a declared gubernatorial candidate, she can go right back to the long list of federal donors now that she doesn’t need to worry about contribution limits.
The Federal Elections Commission report covers January, February and March.
She has $415K remaining in her congressional account – essentially what she raised this quarter – and it appears likely it too will be transferred.