The state’s Fair Political Practices Commission has decided to appeal the recent court ruling that would have allowed Governor Schwarzenegger to raise money, without restrictions, for initiatives he has endorsed.

Late last month, a Sacramento Superior Court judge ruled against the FPPC’s attempt to apply the contribution limits of Proposition 34 to candidate-controlled ballot measure committees. Those limits kicked in back in November, and meant that any committee controlled by Schwarzenegger could only accept individual contributions in the same amounts as his official gubernatorial committee ($22,300).

That regulation forced the committee of Schwarzenegger allies pushing his budget and education initiatives (Citizens To Save California) to maintain an official arm’s length distance from the governor.

But since the March 25 ruling, neither the governor’s ballot measure committee (California Recovery Team) or Citizens To Save California has made any moves to take advantage of their victory in court.

Perhaps that was because many people believed the FPPC would appeal… and that while the appeal was underway, the original strict limits would remain in effect. And today’s press release from the FPPC made it official.