Some Democrats, including State Sen. Marc Panepinto of Buffalo and Jose Peralta of Queens, said they could not endorse the budget because it did not include proposals to increase the minimum wage or
limit corporate campaign contributions.
Not exact matches
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.
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.
Her
campaign website said Nixon won't accept any
corporate contributions and will
limit contributions from any individual or organization to $ 65,100 for the election cycle.
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 party also supports
campaign finance changes to
limit perceived
corporate political influence and declines
corporate contributions.
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.
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.
Her
campaign website said Nixon would not accept any
corporate contributions and would
limit contributions from any individual or organization to $ 65,100 for the election cycle.
In Orange County, the legislature is considering legislation that would
limit campaign contributions from vendors to $ 250 after determining that a handful of
corporate types donated most of the money to retiring executive Ed Diana's last
campaign.
«Instead of being held to a $ 5,000
corporate contribution limit, they're allowed to make a $ 160,000 individual
campaign contribution limit,» said Lerner, of the good - government group Common Cause.
Bill Mahoney, research coordinator for the New York Public Interest Research Group, said that if New York's
corporate contribution overall
limit is lifted, «All corporations will now be treated as LLCs already are, creating a massive new loophole in the state's already porous
campaign finance system.»
The Mangano
campaign in February refunded $ 5,000 because it exceeded the
limit of $ 5,000 per calendar year for
corporate contributions.
In 1996, the New York State Board of Elections issued an opinion that said that, for the purposes of the
campaign finance law, LLCs were not considered corporations and thus were not subject to the state's
corporate contribution limits.
Other proposals in the budget were lower
corporate contribution limits, down to $ 1,000 per year, new
limits on donations to party «housekeeping accounts» at $ 25,000 per year, detailed prohibitions on using
campaign contributions for the personal benefit of a candidate, and disclosure of major donors supporting organizations engaged in independent expenditures.
New
campaign filings show Gov. Andrew M. Cuomo raised almost $ 900,000 from
corporate spinoffs known as
limited liability companies over the last six months, underscoring what critics call a gaping loophole in the laws meant to cap
corporate political
contributions.
To make matters even worse, since
Limited Liability Corporations (LLCs) are subject to individual rather than
corporate contribution limits under New York
campaign finance regulations, one person could set up several different subsidiaries to funnel millions more into state
campaigns.
Represented a prominent executive of a widely known firm in the construction industry, obtaining an acquittal of federal
campaign contribution charges arising from
contributions made by employees to a federal congressional
campaign, which the government contended were disguised
corporate contributions and exceeded
contribution limits.