Sentences with phrase «campaign contribution limits by»

Cuomo released bills to close the loophole that allows donors to skirt campaign contribution limits by setting up limited liability companies, but those bills were rejected by the Senate.

Companies routinely circumvent New York's campaign contribution limits by giving through multiple LLC entities, which has degraded the integrity of our elections and given certain interests outsized influence in both chambers of the legislature.

Not exact matches

Mr. Cohen said that he had given a similar statement to the Federal Election Commission in response to a complaint filed by the government watchdog group Common Cause, which contended that the payment, made through a limited liability company that Mr. Cohen established, was an in - kind contribution to the Trump campaign.

«Any payment by a person such as Cohen on behalf of or in consultation with a candidate to influence an election is an in - kind «contribution'to the candidate under campaign finance law subject to a $ 2,700 limit and disclosure requirements,» he said.

The payment was not reported by the Trump campaign, and if it were to be counted as a contribution, it would vastly exceed the $ 2,700 - per - election limit.

Any payment by a person such as Cohen on behalf of or in consultation with a candidate to influence an election is an in - kind «contribution» to the candidate under campaign finance law subject to a $ 2,700 limit and disclosure requirements.

, then it may count as an in - kind campaign contribution by Cohen — one that apparently went unreported to the Federal Election Commission and exceeded the legal limit for individual donations under federal law.

If the money was connected to Trump's ongoing presidential campaign, then it may count as an in - kind campaign contribution by Cohen — one that apparently went unreported to the Federal Election Commission and exceeded the legal limit for individual donations under federal law.

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.

Cuomo, too, has talked about the importance of limiting big donors» access to government by limiting political contributions and creating a public campaign finance system — although he has yet to formally propose any legislation to accomplish that.

It was announced today that Kerrey, the former president of the New School in New York City, had signed on to the effort to tighten campaign finance laws by introducing a voluntary public matching system similar to New York City and lower contribution limits.

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.

Reinvent Albany Asks Charter Revision Commission to Better Disclose and Limit Contributions to City - Affiliated Nonprofits by Donors Doing Business with the City Recommends Commission Phase in Campaign Finance Reform Because of Unprecedented 2021 Election Activity Due to Term Limits Reinvent Albany delivered testimony to the mayor - convened New York City Charter Revision Commission this evening, calling -LSB-...]

The Republican candidate for the vacant seat of the New York State Assembly's 145th District, Mickey Kearns, is facing a formal complaint that he violated state campaign laws by accepting individual and corporate contributions for the upcoming special election over the legal limit.

By contrast, in New York City, where profound reforms were implemented in 1989, the Campaign Finance Board imposed 128 penalties on 31 candidates that accepted contributions above the legal limit.

Limited Liability Companies (LLCs) are used by a wide variety of industries to circumvent the $ 5,000 annual corporate contribution limit in New York State campaign finance law, relying on the New York State Board of Elections» 1996 determination to treat LLCs as individuals, subject to a $ 150,000 annual contribution limit.

Horner, with NYPIRG, says the testimony illustrates the need to clean up New York's campaign finance laws by setting stricter caps on contributions and eliminating a loophole that allows donors to use LLCs or limited liability companies, to skirt existing donor limits.

The Skelos complaint shows how the multiple Limited Liability Companies, or LLCs, controlled by Glenwood can be used to coordinate and bundle hundreds of thousands of dollars of campaign contributions in order to buy favorable policy outcomes and tax breaks.

Our analysis underscores how unlimited campaign contributions - as limited liability companies effectively have no limits - warp our elections and result in important policy decisions being driven by the demands of wealthy special interests.

The June 25 event to raise funds for Mr. Cuomo's 2014 re-election campaign includes a host committee reception, dinner and musical performance, and is set to occur five days after the scheduled end of the legislative session in Albany, by which time the governor has pledged to attain legislative action on campaign - finance reform, including lowering contribution limits.

The Campaign Finance Board does have different, lower contribution limits for individuals who are categorized by them as doing business with the city — registered lobbyists, those applying for land use actions, grants or contracts — but neither Herrera nor his relatives who worked at MJM or Masonry were categorized as such.

Jenny Hou is accused of helping Liu's campaign skirt campaign finance laws by allegedly using straw donors to channel illegal contributions far above the legal limit into Liu's campaign coffers.

«The legislation would prevent campaign contributors from evading the legal contribution limits by setting up shell corporations and instead establish a more level playing field to promote greater fairness and consistency in the Election Law.»

«The LLC loophole allows big special interests to virtually by pass the campaign contribution limits that apply to most New Yorkers, and give politicians vast sums of money, often without clearly identifying the source,» said Kavanagh, the bill's sponsor.

Notably, the new law was opposed by the same watchdog groups that typically urge lawmakers to rein in campaign contribution limits.

If there is anything recent events have taught us, it's that we need to limit the outsized influence of wealthy corporate donors, who have been able to influence lawmakers by making virtually unlimited campaign contributions to candidates — often without even disclosing their identities.

The groups further urged state leaders to reduce the potential for conflicts of interest by exploring options to limit campaign contributions from anyone seeking a state contract.

The Assembly voted to close the LLC loophole in campaign finance laws, cap contributions by limited liability corporations at $ 5,000 and require them to identify the individuals who make the donations in the LLC's name, and limit lawmakers» outside income to 40 percent of the annual salary of state Supreme Court justices.

«I have voluntarily held contributions to my campaign well below the legal limits and I have instituted a ban on pay to play contributions as proposed by the SEC,» DiNapoli continued.

It charges that the candidate, Shirley Patterson, failed to provide the «true name of contributing parties» in donations made by a Limited Liability corporation, in order for the board to determine whether the campaign donations were legal under the present contribution limits.

The loophole allows donors to skirt limitations on individual campaign contributions by donating anonymously through one or more limited liability companies.

The plan includes a total contribution limit of $ 2,600 for all candidates running for state office, a complete ban on corporate campaign contributions, the elimination of «housekeeping accounts,» a $ 2,600 limit for transfers between party and candidate committees, and the repeal of the Wilson Pakula provision of the State Election Law which allows non-party members to be approved for candidacy by party officials.

What's more, they are enforced by an energetic and independent Campaign Finance Board, which oversees a carefully constructed system that combines generous public matching funds with limits on contributions to political candidates, limits that are especially strict for lobbyists and others doing business with the city.

The week began with the leak of a confidential report by the state's elections enforcer that alleged that New York City Mayor Bill de Blasio had engaged in an illegal effort to circumvent campaign contribution limits in his 2014 push to bolster the re-election prospects of some sitting state Senate Democrats, who presumably would be more favorable to the democrat mayor's city agenda in Albany.

Among the many provisions in the bill: end outside employment for lawmakers, ban per diem limits and dramatically tighten campaign contribution limits, restrict contributions by lobbyists, create a public financing system, and provide for a substantial salary increase for legislators while extending their terms from two years to four years.

And campaign finance regulations limit the types and amounts of money that declared presidential candidates can raise, while politicians who have not declared for the presidency can continue accepting larger contributions to a range of political committees, including state - level committees like the one used by Mr. McAuliffe.

The board will not allow candidates to sidestep contribution and expenditure limits by outsourcing essential campaign activities to these coordinated organizations.»

Meanwhile, Bill Samuels, a co-founder of Effective NY, has urging the commission to investigate millions of dollars in campaign contributions by business interests formed as limited liability corporations.

The Hedge Clippers report says that Cuomo's reelection campaign benefited from a loophole in New York campaign finance laws that allows wealthy donors, such as hedge fund executives, to exceed contribution limits by giving through multiple companies.

«Every year, hundreds of donors give more money than is allowed by state law that has highest limits of any state capping donation size; scores of candidates fail to disclose large contributions received in the run - up to Election Day; thousands of filings obfuscate the identity of donors or the purpose of expenditures through the inclusion of incomplete or incorrect information; and dozens of incumbent lawmakers spend campaign funds for what reasonable people would unanimously agree are non-campaign reasons,» the report found.

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.»

The inquiry into 2014 contributions solicited by NYC Mayor Bill de Blasio's campaign apparatus and intended to assist the Senate Democrats is based on a state ban on contributions to a party committee if they are given or solicited for a particular candidate, with an intent to evade individual contribution limits.

In addition, Schneiderman wants to limit the influence of large donors on campaigns by enacting public campaign financing and limiting contributions.

They want the comptroller to be able to review and approve all state contracts and to limit campaign contributions by any company or person seeking a state contract.

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.

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.

Reduce the potential for conflicts of interest by exploring options to limit campaign contributions from anyone who has or is seeking a state contract.

In a filing obtained by The Post, GOP chair Ed Cox charged that NYSUT, the state's largest teachers» union, and its campaign arms have exceeded contribution limits to state Senate Democrats and also share staff, which violates the law.

In real terms, these rules which exist in virtually every jurisdiction, include laws and regulations which forbid the unauthorized use of state resources for political purposes, contributions from dubious sources, violation of campaign funding limits as prescribed by enabling laws, the use of money to influence voters and election outcomes, non-disclosure of campaign spending, abuse of media, broadcasting and political advertising rules, and rules on declaration of assets, academic qualifications, health and other disclosures and internal party guidelines and rules.

A mayoral candidate and a city council candidate, for instance, will abide by different campaign contribution limits.