Because Texas has no campaign finance contribution limits, it’s possible both candidates will accumulate and spend record-breaking amounts of campaign cash by November.
and Gary Martin, in particular, have been regular contributors to Abbott for years. In addition, Abbott has received donations from deep-pocketed donors in the real estate and construction industries.from Austin couple Simone Coxe, who has worked in communications, and Tench Coxe, a former venture capitalist. In addition, he received $1 million from billionaire George Soros, who is known for backing liberal candidates.
The organizations that donated the most money to Abbott this reporting period have previously given to the governor. Top donor Q PAC, a Fort Worth private investment firm, gave $275,000, while Santa Rosa Ranches gave $265,000. In addition, both Gulf States Toyota Inc. State PAC and HillCo PAC, which are tied to billionaire Dan Friedkin and an Austin lobbyist firm, respectively, haveO’Rourke’s Powered by People PAC gave almost $2 million to his own campaign.
Both candidates have received more campaign cash in ZIP codes where wealthier people live because that’s whoon both sides of the aisle. In addition, the top ZIP codes for both candidates are often those where political action committees are based. Disclosure: Associated General Contractors of Texas - Highway Branch, Javaid Anwar, Tench and Simone Otus Coxe, Claire Dewar, Marguerite Hoffman, Gary Martin, Gulf States Toyota, HillCo Partners, LLC and Ross Perot, Jr., have been financial supporters of The Texas Tribune, a nonprofit, nonpartisan news organization that is funded in part by donations from members, foundations and corporate sponsors. Financial supporters play no role in the Tribune’s journalism.
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