Not exact matches
Adams, a possible candidate
for Brooklyn borough president, said he was surprised by the differences in the city
campaign finance system — which includes a public financing component — and the state's system, which is widely derided by good - government groups
for its
loopholes and sky - high
contribution limits.
But instead of beating her with an ordinary PAC or a
campaign contribution to her opponent, the trade association
for the chemical industry has chosen to take advantage of the Citizens United
loophole to use undisclosed general treasury funds against Baldwin.
Naparstek, who also founded the influential Streetsblog.org, will remain on Reinvent Albany's board where he will continue pushing
for reforms like an end to outside income
for state legislators, restrictions on the use of
campaign contributions for personal use, and closing
loopholes which foster corruption by allowing people who do business with the state to make enormous
campaign contributions.
When Mr. Cuomo ran
for governor in 2010, he characterized large LLC
contributions as one of the
campaign finance system's «
loopholes,» proposing that such donations be counted against the parent company's $ 5,000
contribution limit, to make that limit «meaningful.»
They recommend enacting New York City style public
campaign financing
for statewide elections, and closing
loopholes that allow limited liability corporations and party housekeeping accounts to blatantly shirk existing limits
for campaign contributions.
If you want real ethics reform to clean up Albany, including limits on the outside income legislators can earn, term limits, and closing the
loophole for LLC
campaign contributions, vote yes.
Though labor unions criticize the LLC
loophole as a method
for circumventing individual
campaign contributions and call
for its closure, they use affiliates to pump millions of dollars into the political system, creating a double standard — according to critics.
In the words of the CFB Chair, the City Council created «a gaping
loophole for union
contributions, undermining the
contribution limits established by the
Campaign Finance Act.»
Government - watchdog groups expressed optimism that the conviction would serve as a spur
for a more aggressive round of action, perhaps targeting legislators» income or the so - called L.L.C.
loophole, which allows large unfettered
contributions to political
campaigns.
They don't fix New York's notoriously weak
campaign - finance laws, reduce
contribution limits or close
loopholes that leave the capital awash in money, the fuel
for its corrupt pay - to - play culture.
The groups are seeking major changes in the wake of the arrest and conviction of the two majority party legislative leaders, including banning or strictly limiting outside income, and closing
loopholes in the
campaign finance system that in some cases allow
for unlimited
contributions.
He noted that Cuomo introduced eight versions of bills to close the
campaign -
contribution loophole, but none made it to the Senate floor
for a vote.
There has been no shortage of broad ideas
for disrupting the system: Banning outside incomes
for lawmakers, enacting term limits, creating a truly independent ethics watchdog, closing a
loophole that allows companies to skirt
campaign -
contribution limits, requiring more signoffs
for expenditures of more than $ 1 million, to name a few.
The preliminary report includes strong recommendations
for lowering sky - high
campaign contribution limits, closing
loopholes, restricting the personal use of
campaign funds, disclosing independent expenditures, and creating an independent enforcement agency.
Cuomo has said that he wants to overhaul the state's
campaign finance laws by closing
loopholes, lowering
contribution limits and instituting a public financing system similar to what's in effect
for New York City.
Bill Mahoney, research coordinator
for the New York Public Interest Research Group, said that if New York's corporate
contribution overall limit is lifted, «All corporations will now be treated as LLCs already are, creating a massive new
loophole in the state's already porous
campaign finance system.»
Limits on the so - called
loophole for limited liability companies, which allow limited liability companies to have much higher
campaign contributions than other businesses.
Political
contributions of $ 750,000 are simply excessive — not impressive at all — especially when they require that politician to suspend his admirable quest
for changes to New York's
campaign finance laws and instead take advantage of their
loopholes.
They recommend enacting New York City - style public
campaign financing
for statewide elections, and closing
loopholes that allow limited liability corporations and party housekeeping accounts to blatantly shirk existing limits
for campaign contributions.
More specifically, Schneiderman is calling
for higher
contribution limits, the closing of a limited liability corporation
loophole which he says «allows wealthy interests to funnel limitless amounts to
campaigns,» as well as
for the elimination of the housekeeping committees used by the state's political parties.
Start public
campaign financing, close the LLC
loophole in
campaign finance regulations, and ban the use of
campaign contributions for the legal defense funds of elected officials.
But lawmakers rejected other proposals, including measures to lower limits on
campaign contributions and close
loopholes that allow
for outsize donations.
Good government groups see the pension forfeiture measure as a token reform and have pressed
for the closing of the «LLC
loophole» that allows businesses to create multiple limited liability companies to donate virtually unlimited amounts of
campaign cash; public financing of candidate
campaigns; the end of lump sum appropriations in the budget; limits on political
contributions by companies with business before the state; limits on legislators» outside income; and a renovation of Albany's ethics watchdog, the Joint Commission on Public Ethics (JCOPE).
But lawmakers rejected other proposals, including measures to lower limits on
campaign contributions and close
loopholes that allow
for outsize donations.