Columbia Development, its principals and affiliated limited
liability corporations donated about $ 200,000 to Andrew Cuomo's campaign in the two years before Fuller Road Management considered its bid.
Not exact matches
Mr. Schneiderman has outlined an ambitious package of proposals that would end outside income for lawmakers, end per diem compensations given to politicians to pay for accommodations in the capital, drastically lower campaign contribution limits for individuals and lobbyists, control the amount of cash limited
liability corporations can
donate to candidates and abolish the virtually unregulated party «housekeeping» accounts.
Limited
liability companies,
corporations and individuals linked to Tully Construction gave the governor $ 136,500 during his first term, and the $ 75,100 it
donated in the first 200 days of his second (which began on Jan. 1, 2015) was enough to make it his third largest donor during the period under examination.
It permits individuals and
corporations to create Limited
Liability Companies, or LLCs, to
donate money and skirt existing donor limits.
The BOE issued a ruling that allowed limited
liability corporations, or LLCs, to be treated as individual donors and individuals to
donate unlimited funds to candidates for state - level offices by creating multiple LLCs.
Columbia Development, its executives, and limited
liability corporations affiliated with the company have
donated about $ 195,000 to Cuomo's gubernatorial campaigns since August 2013, according to a syracuse.com review.
(Companies that are «limited
liability corporations can
donate up to $ 150,000 to candidates).
The loophole allows multiple limited
liability corporations owned by the same person to
donate to candidates, thereby skirting regulations that cap donations from individuals at a certain amount per election cycle.
Some reform proposals that have come forward are to strip pensions of officials convicted of corruption, establishing an ethics commission and preventing limited
liability corporations from
donating anonymously to campaigns.
Individual donors can
donate $ 1,000, married couples can
donate $ 2,500, and
corporations can
donate 75 percent of the
corporation's state income tax
liability.
The program allows
corporations to
donate money for private school scholarships and in return deduct 70 percent of the value of those gifts from certain types of tax
liability.
Florida's Corporate Tax Credit Scholarship Voucher skirts the unconstitutionality problem (Bush v. Holmes) by allowing
corporations to
donate some or all of the taxes owed through corporate income taxes, insurance premium taxes, severance taxes on oil and gas production, self - accrued sales tax
liabilities of direct pay permit holders and taxes on beer, wine and alcoholic beverages directly to one of the four Scholarship Funding Organizations (SFOs), who then manage and award the vouchers.