While some ethics reform provisions were included (such as mandatory reporting of outside income and stricter per diem regulations), there was no major campaign finance reform, nor did the legislature close the LLC loophole that
allows wealthy corporations to skirt campaign contribution limits.
Not exact matches
Cuomo appears to have given up on the state Legislature taking action to close the notorious LLC loophole, which
allows wealthy donors to subvert campaign finance laws by creating multiple limited liability
corporations that can each give more than $ 60,000 to a candidate's campaign.
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.
The final budget bill cut state K - 12 spending by nearly $ 800 million, over7 percent — the largest amount in Wisconsin's history — and limited local governments» abilities to make up for these cuts through property taxes.14 That same year, Gov. Walker passed major tax cuts primarily targeted toward
corporations and the
wealthy that totaled $ 2.33 billion over 10 years.15 Gov. Walker and Act 10 proponents argued that the bill's reforms would
allow schools to offset these cuts by reducing teachers» benefits and hiring lower - paid teachers, preventing budget cuts from affecting students.16 Gov. Walker also argued that eliminating requirements to bargain over salary structures, hiring, and working conditions would give schools additional flexibility needed to attract and retain higher - quality teachers.17
While foreigners,
corporations, and
wealthy individuals are
allowed to give freely to all political parties, it turns out that fossil fuel and mining interested are betting nearly exclusively on the BC Liberals.