Sentences with phrase «of unlimited contributions»
«The majority decision ignores both the Court's own precedent and common sense regarding the corrupting influence of unlimited contributions to parties or candidates if they are spread across different committees,» Schneiderman said.
http://www.nystateofpolitics.com/ Not exact matches
Being able to give massive political contributions actually pales in comparison to the impact of being able to destroy a publication you don't like by combining the machinery of the courts with anonymity and unlimited funds to bleed a publication dry.
But being able to give massive political contributions actually pales in comparison to the impact of being able to destroy a publication you don't like by combining the machinery of the courts with anonymity and unlimited funds to bleed a publication dry.
They assembled a Supreme Court to rule in favor of unlimited hidden corporate political contributions.
At the moment, a single campaign donor can give unlimited contributions through a network of limited liability companies or LLCs.
The rules vary at the state level — at least six states allow unlimited contributions from all types of donors, while others ban donations from corporations and other businesses entirely.
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.
Thursday's filings lay bare those donations and other jaw - dropping financial details of the first modern presidential campaign in which donors could give unlimited contributions for political ads and in which both major party candidates declined to participate in a Watergate - era public financing system designed to limit fundraising.
Cuomo normally prefers to negotiate quietly with legislative leaders on proposals before actually writing legislation, but this time he's penned eight different versions of a bill to close the campaign donation loophole that allows unlimited contributions from limited liability companies and he's presented it to the legislature.
Under state law, the party committees, which can receive contributions often 10 times larger than candidates can directly, are permitted to move unlimited amounts of money into candidates» campaign accounts.
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.
Soft money accounts, known as «housekeeping» committees, allow political groups to raise unlimited contributions in support of generalized, party - building actions.
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.
A coalition of groups on Monday urged the state Board of Elections to prohibit the practice of allowing individual donors to give unlimited campaign contributions through a network of limited liability corporations.
The state Business Council on Wednesday urged the Board of Elections in a letter to not end what in effect has been a regulation allowing unlimited campaign contributions through LLCs.
«However, I will not unilaterally disarm and allow my opponent to pour unlimited contributions into his campaign while mine continues to accept less than half of what is permitted under current law.»
The loophole that allows those controlling Limited Liability Companies to donate essentially unlimited amounts of campaign contributions is an example of the loophole that swallows the law.
Close the «LLC» Loophole, which allows an individual to make an essentially unlimited number of political contributions via the Limited Liability Companies they control — a common tactic of real estate moguls.
However, since there is no limit on the number of LLCs a corporation or an individual may create, it effectively allows unlimited campaign contributions.
On ethics, Cuomo proposed requiring state lawmakers to seek an advisory opinion on any outside income and closing an election - law loophole that allows companies to skirt contribution maximums by forming an unlimited number of subsidiaries to channel donations.
Cuomo normally prefers to negotiate quietly with legislative leaders on proposals before actually penning legislation, but this time he's written eight different versions of a bill to close the campaign donation loophole that allows unlimited contributions from limited liability companies (LLCs), and he's presented it to the legislature.
The city Campaign Finance Board Wednesday found Mayor de Blasio broke no contribution limitation rules by raising unlimited donations through an outside fund — then immediately issued a de facto rebuke of the tactic.
David Weprin: Well, clearly when you're dealing with an opponent that is not part of the system, who has unlimited funds, as the recent election we just went through with the mayor of the city of New York, I would remove the individual cap on contributions for donors and go to a much higher cap similar to the one that's at the state level for the governor of the state of New York.
Cuomo's prescriptions in his 2016 State of the State speech included closing a legal loophole that lets campaign donors funnel unlimited sums to candidates through limited - liability companies; requiring office holders to report campaign contributions every 60 days instead of twice a year; allowing lawmakers to earn no more than 15 percent of their legislative salaries in private - sector work; and adopting a system of voluntary public campaign financing similar to what New York City has.
Cuomo wants to close a loophole in election law that allows for unlimited contributions through LLCs, as well as a bill to block those convicted of corruption from receiving pension benefits through a constitutional amendment's first passage.
Cuomo also announced measures designed to better regulate 501 (c)(4) entities that engaged in an unlimited form of lobbying and disclose financial contributions as well those received in - kind.
Senate Democrats on Monday unveiled a package of ethics reform legislation that would cap outside income, strengthen disclosure requirements and close a loophole in campaign finance laws that guarantees unlimited contributions from limited liability corporations.
The American Majority Project (AMP) is the new kid on the block, a 527 group — meaning it is allowed by law to accept unlimited contributions — formed in recent days with the backing of Republican heavyweights such as former Florida governor Jeb Bush and an advisory board that includes former congressman Robin Hayes (N.C.), former Republican National Committee chairman Mike Duncan and GOP superlawyer Ben Ginsberg.
Gianaris, of Queens, insisted that because Bruno is no longer an office holder or candidate, the money he gave to the Senate GOP's main campaign account should be considered a donation, not an unlimited transfer, and capped at the legal $ 109,600 contribution limit.
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.
The groups are seeking major changes in the wake of the arrest and conviction of the two majority party legislative leaders, including banning or strictly limiting outside income, and closing loopholes in the campaign finance system that in some cases allow for unlimited contributions.
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.
Since then, certain donors have taken advantage of this loophole to set up numerous LLC's in order to make virtually unlimited campaign contributions.
The city Campaign Finance Board found NYC Mayor Bill de Blasio did not break contribution limitation rules by raising unlimited contributions through his Campaign for One New York fund — then immediately issued a de facto rebuke of the tactic.
The Republican Party filed a lawsuit Thursday to overturn the ban on unlimited campaign contributions that is the cornerstone of a 2002 law designed to reduce the influence of big donors in politics.
The «LLC loophole,» which permits large business interests to set up an unlimited number of «paper» companies in order to bypass contribution limits, has been a frequent target for liberals like Mr. Schneiderman in recent months.
Those limits on candidate donations have been dramatically surpassed by the increasingly common practice of using nonprofit groups as a vehicle to make unlimited contributions to independent political committees.
The state needs to close damaging loopholes that allow unlimited donations for party slush funds or that allow the creation of multiple limited liability corporations to evade contribution limits.
But other political observers saw in the announcement a chance for Cuomo to boost his profile in several national debates — possibly in advance of a presidential run in 2016 — as well as a convenient mechanism to take unlimited contributions for ads that, while not explicitly urging people to vote for Cuomo or anybody else, present a glowing portrayal of his actions.
Because of a loophole in state law, businesses incorporated as LLC's can give unlimited contributions to state legislators.
The federal proceedings concern whether the administration doled out «pay - to - play» favors to big donors that dumped money into de Blasio's now - defunct «shadow government» nonprofit, the Campaign for One New York — Vance's case concerns allegations the mayor sought to circumvent state contribution limits in his failed bid to turn the State Senate Democratic, by having people seeking city business funnel unlimited cash into upstate county committees instead of into candidates» campaign accounts.
«We must replace the public embarrassment of existing campaign financing laws, which allow enormous contributions and unlimited expenditures, with a system of reasonable limits that levels the playing field and ensures that meritorious candidates are not discouraged by the costs of running for public office.»
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.
Good government groups see the pension forfeiture measure as a token reform and have pressed for the closing of the «LLC loophole» that allows businesses to create multiple limited liability companies to donate virtually unlimited amounts of campaign cash; public financing of candidate campaigns; the end of lump sum appropriations in the budget; limits on political contributions by companies with business before the state; limits on legislators» outside income; and a renovation of Albany's ethics watchdog, the Joint Commission on Public Ethics (JCOPE).
The group, which could accept unlimited contributions because of its status, allegedly funneled money from wealthy donors into de Blasio's campaign coffers — avoiding campaign finance restrictions.
With our Premier Plus account you can even add a honeymoon fund, cash contributions, charity donations and unlimited bespoke cash gifts to your list, making multiple gift lists a thing of the past.
A beneficiary can have unlimited number of Coverdell accounts, but is limited to $ 2,000 per year in total Coverdell contributions.
Of course, in an ideal world we would have unlimited contribution room in those tax sheltered accounts!
From the rapid populist changes in the Middle East's Arab Spring to the Citizen's United decision of the Supreme Court that allows unlimited political contributions by corporations and so - called plutocrats here at home, democracy is a central topic of our time.
Defenders of unlimited campaign contributions like to think donors give money to candidates whose views they share, or to lawmakers who have done a good job in office and need the money to win election and continue doing a fabulous job.