Sentences with phrase «on corporate campaign 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.

Not exact matches

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.

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.

Industries that profit off everyday people and taxpayers have not hesitated to spend heavily on lobbyists and campaign contributions to influence policy decisions for their corporate gain.

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.

Campaign finance reform advocates say public funding helps level the playing field for candidates without money or connections, and encourages a focus on small - dollar donations from constituents rather than corporate contributions.

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