Sentences with phrase «loophole for campaign contributions»

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.
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