Sentences with phrase «allows unlimited contributions»

Cuomo normally prefers to negotiate quietly with legislative leaders on proposals before actually penning legislation, but this time he's written eight different versions of a bill to close the campaign donation loophole that allows unlimited contributions from limited liability companies (LLCs), and he's presented it to the legislature.

Cuomo normally prefers to negotiate quietly with legislative leaders on proposals before actually writing legislation, but this time he's penned eight different versions of a bill to close the campaign donation loophole that allows unlimited contributions from limited liability companies and he's presented it to the legislature.

The rules vary at the state level — at least six states allow unlimited contributions from all types of donors, while others ban donations from corporations and other businesses entirely.

Not exact matches

Longtime League of Women Voters lobbyist Barbara Bartoletti expressed frustration at the lack of action on items including closing a giant campaign finance loophole that allows big money donors to make unlimited contributions to candidates by setting up multiple Limited Liability Companies.

Soft money accounts, known as «housekeeping» committees, allow political groups to raise unlimited contributions in support of generalized, party - building actions.

He also passed the Assembly bill to close the «LLC Loophole,» which allows almost unlimited, often virtually anonymous contributions to flow from businesses to politicians, and championed other reforms to campaign finance laws.

A coalition of groups on Monday urged the state Board of Elections to prohibit the practice of allowing individual donors to give unlimited campaign contributions through a network of limited liability corporations.

The state Business Council on Wednesday urged the Board of Elections in a letter to not end what in effect has been a regulation allowing unlimited campaign contributions through LLCs.

«However, I will not unilaterally disarm and allow my opponent to pour unlimited contributions into his campaign while mine continues to accept less than half of what is permitted under current law.»

Connecticut tightened disclosure laws for political contributions following the U.S. Supreme Court's Citizen's United Decision that allowed unlimited spending by outside groups.

The loophole that allows those controlling Limited Liability Companies to donate essentially unlimited amounts of campaign contributions is an example of the loophole that swallows the law.

Close the «LLC» Loophole, which allows an individual to make an essentially unlimited number of political contributions via the Limited Liability Companies they control — a common tactic of real estate moguls.

However, since there is no limit on the number of LLCs a corporation or an individual may create, it effectively allows unlimited campaign contributions.

On ethics, Cuomo proposed requiring state lawmakers to seek an advisory opinion on any outside income and closing an election - law loophole that allows companies to skirt contribution maximums by forming an unlimited number of subsidiaries to channel donations.

Cuomo's prescriptions in his 2016 State of the State speech included closing a legal loophole that lets campaign donors funnel unlimited sums to candidates through limited - liability companies; requiring office holders to report campaign contributions every 60 days instead of twice a year; allowing lawmakers to earn no more than 15 percent of their legislative salaries in private - sector work; and adopting a system of voluntary public campaign financing similar to what New York City has.

Cuomo wants to close a loophole in election law that allows for unlimited contributions through LLCs, as well as a bill to block those convicted of corruption from receiving pension benefits through a constitutional amendment's first passage.

The American Majority Project (AMP) is the new kid on the block, a 527 group — meaning it is allowed by law to accept unlimited contributions — formed in recent days with the backing of Republican heavyweights such as former Florida governor Jeb Bush and an advisory board that includes former congressman Robin Hayes (N.C.), former Republican National Committee chairman Mike Duncan and GOP superlawyer Ben Ginsberg.

Mr. Cuomo's office had no immediate response to the proposal, which also included a plan to close the so - called L.L.C. loophole, which allows corporate interests to spend almost unlimited amounts of money on campaigns by channeling contributions through limited liability companies, which can be designed to provide little transparency.

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.

This bizarre legal loophole allows essentially unlimited contributions to state political campaigns by allowing people to make contributions via an unlimited number of Limited Liability Corporations, or shell companies.

They are exploiting changes to campaign laws and regulations that have allowed wealthy individuals and businesses to pool unlimited contributions into super PACs that in turn have inundated the airwaves with negative advertisements.

They are allowed to take unlimited contributions from corporations, unions and individuals.

While there are limits on direct donations, New York law has a loophole to allow for unlimited contributions to «housekeeping accounts,» which are supposed to be restricted to party - building and maintenance efforts.

The state needs to close damaging loopholes that allow unlimited donations for party slush funds or that allow the creation of multiple limited liability corporations to evade contribution limits.

«We must replace the public embarrassment of existing campaign financing laws, which allow enormous contributions and unlimited expenditures, with a system of reasonable limits that levels the playing field and ensures that meritorious candidates are not discouraged by the costs of running for public office.»

Last year Flanagan successfully blocked any action reforming the LLC loophole that allows corporations to make unlimited campaign contributions.

Longtime League of Women Voters lobbyist Barbara Bartoletti expressed frustration at the lack of action on items, including closing a giant campaign finance loophole that allows big money donors to make unlimited contributions to candidates by setting up multiple limited liability companies.

Campaign finance reform is currently a hot button issue in the New York State Legislature where a bill to close the LLC loophole, which allows unlimited campaign contributions to individuals and parties through multiple LLCs, has languished in the state Senate.

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).

From the rapid populist changes in the Middle East's Arab Spring to the Citizen's United decision of the Supreme Court that allows unlimited political contributions by corporations and so - called plutocrats here at home, democracy is a central topic of our time.