The Democratic Governors Association, led by Maryland Gov. Martin O’Malley, fell far short — raising $20 million.
The RGA carried forward nearly $27 million into 2012, giving the RGA more cash on hand than any other political party committee.
Eleven states will hold governor’s races this year.
“This year, the RGA will be on offense in eight of eleven states scheduled to hold governors’ races, and is in position to make game-changing investments in our races, including those in critical presidential and Senate battleground states,” McDonnell said.
McDonnell was named chairman in August after Texas Gov. Rick Perry resigned from the post to run for president.