JEFFERSON CITY, Mo. (AP) -- Former Missouri Gov. Matt Blunt has wiped out a $300,000 loan he made to the 2008 campaign of Lt. Gov. Peter Kinder. The decision frees Kinder to focus on fundraising for his own likely gubernatorial campaign.
Attorney Jared Craighead confirmed the loan cancellation Thursday to The Associated Press. Craighead handles campaign finance issues for Kinder and is a close political ally of Blunt, having served in his gubernatorial administration.
Blunt waited until almost the last moment possible to forgive his loan to Kinder.
Kinder created a debt service committee for his 2008 campaign on June 30, 2009. Missouri law requires those committees to be shut down within 18 months.
Although he is not officially a candidate, Kinder has been preparing to challenge Democratic Gov. Jay Nixon in 2012.
(Copyright 2010 by The Associated Press. All Rights Reserved.)