Sentences with phrase «close loopholes»

They say lawmakers can act immediately to close a loophole in campaign donation laws that allow donors to skirt contribution limits by forming multiple Limited Liability companies.

We've carried bills in our respective legislative houses to close the loophole for many years.

By closing the loophole, the state insurance regulator can prevent the insurers from imposing dramatic premium increases or eliminating coverage.

The reforms include closing a loophole that allows donors to form limited liability companies and bypass rules that set caps on donations to candidates.

We should also close the loophole that allows for unlimited contributions to party funds, also known as «housekeeping» accounts which often goes to funding campaign activities.

And they have been known to do this, absolutely refuse to legally dismiss the loan despite the ruling because of the judge not closing the loophole to appeal.

The commission recommended closing the loophole, among other reforms.

There are too many rules in place to effectively close the loophole you imagined might be.

Closing this loophole needs to be a top priority for the provincial government.

They say lawmakers can act immediately to close a loophole in campaign donation laws that allow donors to skirt contribution limits by forming multiple limited liability companies.

The bills would close the loophole for various state elected offices, but all of the bills would close it for the governor's race.

They include closing a loophole that allows donors to skirt campaign funding limits by forming multiple limited liability companies, as well as the public financing of campaigns.

During negotiations, two basic things happened to affect the financial plan Cuomo sought: the Senate rejected most of the tax hikes he proposed — such as closing a loophole on third party internet sales on sites such as Amazon — and lawmakers nearly doubled what the school aid increase that Cuomo planned in January.

At the same time, Senate GOP lawmakers have been similarly skeptical of campaign finance reforms, such as closing a loophole in state election law that allows for unlimited campaign contributions through limited liability companies.

They also passed on closing loopholes allowing certain donors to skirt campaign contribution limits and increasing transparency for billions in state economic development spending.

He could beat the Republicans over the head with the LLC loophole because the Democratic - controlled Assembly and Senate Democrats support closing the loophole, as do all of the watchdog groups and independent experts and editorial boards,» said Kaehny.

Please sign our petition in support of closing the loopholes in shark fining.

The «Independent» Petroleum Association of America (IPAA) memo obtained by DeSmogBlog was written in 2009, five days before the introduction of bills aimed at closing loopholes around the chemicals used in fracking.

Typically, tax laws close this loophole by «grouping» or «anti-income splitting» provisions, or both.

Gov. Andrew Cuomo at an event on Long Island Thursday said closing loopholes in state election law — ranging from the rules governing LLC contributions to independent expenditure committees — remains a top priority for him in the closing days of the legislative session.

Americans for Responsible Solutions PAC is proud to endorse Lieutenant Governor Northam, a leader who has the courage to stand up to the gun lobby and push for bipartisan, commonsense laws, like closing the loopholes in Virginia's background check system, that will help prevent senseless gun tragedies and make Virginia families safer.»

«We are overjoyed that the European Union has finally closed the loopholes in the EU shark finning ban,» says HSI / EU Director Joanna Swabe, Ph.D. «Humane Society International has been campaigning for several years for the EU to adopt a «fins naturally attached» policy without exception.

The legislation closes a loophole in state law in order to ensure domestic abusers are required to surrender all firearms, not just handguns.

The Assembly Democrats are once again proposing closing a loophole in campaign finance laws that allows Limited Liability Companies to skirt donation limits for corporations and individuals.

Klein's advocacy for closing the loophole comes as he faces skepticism from liberals over his alliance with Senate Republicans in Albany.

The Texas Association of REALTORS ® is talking with state lawmakers about closing a loophole created in 1993 that lets insurers structure themselves as county mutual companies or high - risk Lloyd's - type insurers, both of which operate outside the jurisdiction of the state insurance regulator, says Bill Stinson, TAR government affairs director.

The GOP tax overhaul didn't close the loophole used by people who earn too much to contribute to a Roth IRA to get funds into one anyway.

Because, really, reform would require closing loopholes and special favors that politicians were paid so handsomely to put into the system.

Kaminsky announced Monday he would back a pledge that vowed to back closing the loophole in state election law that allows limited liability companies to give unlimited donations as well as limit outside income for state lawmakers and curtail the use of discretionary spending in the budget.

Congress now has the opportunity to help close that loophole using a bill introduced by Sen. Amy Klobuchar (D-MN) and Rep. Debbie Dingell (D - MI).

The OECD has been pushing for countries to set universal reporting standards to close the loophole since 2012.

I wouldn't be surprised if the IRS closes this loophole soon.

Still, Republicans have questioned the motivations behind closing the loophole — the result of a decades - old Board of Elections decision — as a way of aiding labor union giving.

Legislators must close this loophole now,» said Dare Thompson, President of LWVNYS.

Lower limits on individual and corporate contributions are also necessary, along with closing loopholes like unrestricted donations to political party «housekeeping» committees.

A bill to close the loophole passed the Assembly, and was approved in a Senate committee.

People's Budget Hearing to Urge Leaders to Get Some CLASS (Close Loopholes Aid Social Services) Wednesday February 27, 2013 at 12:02 pm

If there has been wrongdoing on either side then it may well be worth looking into closing loopholes and creating better regulation.

Last year Audible closed a loophole that prevented users from buying accounts with lots... [Read more...]

The only way to close this loophole permanently is legislation,» Senate Minority Leader Chuck Schumer said in his statement.

Campaign cash from limited liability corporations — Arwin 88th Street LLC, Columbus 60th Realty LLC and Briar Hill Realty LLC are but a few connected to Glenwood — is now the subject of intense scrutiny as good - government groups demand lawmakers close loopholes that have allowed LLCs to make political contributions with so few constraints.

That's what happened in London in 2015, when the British government closed a loophole in its tax code requiring UK homeowners from overseas to pay a capital - gains tax when their property is sold.

«It would be a huge mistake to take the dollars we gain from closing loopholes and put them into reducing rates for the highest income brackets, rather than into reducing the deficit.»

The Canadian Security Administrators closed some loopholes in 2011 while the U.S. Securities Exchange Commission last fall introduced rules requiring companies to reveal how their chief executive's pay compares to an average worker.

The proposals include prohibiting issuers from dipping into their own capital to compensate investors for losses — closing a loophole thought to have encouraged risky lending behavior and the growth of the shadow banking business.

These adjustments remove items hidden in the footnotes and MD&A of annual filings and close loopholes within GAAP accounting.

The origin story of the proposal to close that loophole demonstrates how the Linton episode could reshape the current tax debate.