Davis v. FEC: What’s Next?

Eric Brown asks a very good question:

Where do candidates stand who have accepted contributions under the Millionaire’s Amendment due to their opponent’s personal spending and the election has not yet taken place?

Although there are not many of there, there are some candidates operating under the old rules.

The really big question, though, is not what candidates have to do that have accepted funds under heightened limits, but what about those candidates that have spent that money raised under heightened limits?

Now that the FEC is fully reconstituted, perhaps an answwer will be forthcoming soon. I suspect some sort of temporary safe harbor for funds already spent, but there may be some rules for refudning contributions coming.