Cuomo also in this State of the State message once again called for the closing of a campaign donation loophole that allows groups and individuals to sue Limited Liability Companies to
skirt donation limits.
Lerner says dramatically lowering contribution limits for party county committees would effectively curb the funneling of money to
skirt donation limits.
Cuomo once again called for the closing of a campaign donation loophole that allows groups and individuals to sue limited liability companies to
skirt donation limits.
The bills would, among other things, establish a public campaign financing system and close a loophole that allows campaign contributors to
skirt donation limits by setting up multiple LLCs or limited liability companies.
He says he's trying to press the Legislature to agree to changes, and has even released eight different versions of a bill to end a campaign finance loophole that allows limited liability companies to
skirt donation limits.
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.
The groups urged bans on a pay - to - play culture in Albany to limit political donations by firms seeking state contracts, closing a loophole heavily used by Cuomo and others that allow limited liability companies to
skirt donation limits to politicians by private companies, creation of «truly independent» ethics oversight agencies, a public, searchable database of state economic development deals and creation of «clean contracting» systems to govern awards of state contracts.
They both want to close a loophole in state campaign finance laws that allows donors to use limited liability companies, or LLCs, to
skirt donation limits.
Not exact matches
Investigators looking into de Blasio's fundraising practices are now scrutinizing his 2013 campaign for possible straw donors, checking to see if they were either reimbursed for their contributions or given cash to pass along to the campaign in order to
skirt the city's
donation limits.
But, Cuomo has said he will call for closure of a loophole in campaign finance laws that allows donors to
skirt the $ 5,000
limit for businesses by disguising the
donations through multiple
limited liability corporations.
The donors are either reimbursed for their contributions or given cash to pass along to the campaign in order to
skirt the city's
donation limits.
He has also proposed closing the so - called
limited liability company loophole that allows contributors to
skirt maximum political
donation limits; and enacting procurement reforms aimed at safeguarding against corruption.
Singh said he again suggested he would use straw
donation — which typically entails contributing in a person's name, then reimbursing them in order to
skirt campaign finance
limits set by law — when de Blasio asked for help with a state senatorial campaign.
He says they condoned the growing use of
Limited Liability Corporations to
skirt existing
donation limits, and they loosely defined how politicians could spend their campaign funds on personal uses.
Broadly, NYPIRG notes the impact of the decision to suspend the state's $ 150,000 aggregate
limit for contributions in an election cycle will have little impact, considering donors can
skirt that through
donations from a web of
limited liability corporations.
The federal probe is checking whether some donors to de Blasio's mayoral run were either reimbursed for their contributions or given cash to pass along to the campaign in order to
skirt the city's
donation limits, according to sources.
Sponsor Dan Squadron (D - 26), who represents lower Manhattan and parts of Brooklyn, made the case at the Senate Elections Committee meeting, saying the measure requires that LLCs be more transparent, and that the founders of multiple LLCs be subject to the same $ 5,000
donation limit in place for corporations and not be used «as a way for individuals and other corporate interests to
skirt campaign finance regulations.»
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.
Among the ideas excluded from any final budget deal: creation of a database that the public could search for how much every recipient of economic development spending got and how many jobs they created; end the ability by
limited liability companies to
skirt campaign
donation limits; give back certain contract pre-approval powers to the state Comptroller, the state's fiscal watchdog; strengthen the state's criminal laws to better define bribery of public officials; and create an independent watchdog agency to police ethics issues in Albany.
Sponsor Dan Squadron, a Democrat who represents lower Manhattan and parts of Brooklyn, made the case at the Senate Elections Committee meeting, saying the measure requires that LLC's be more transparent, and that the founders of multiple LLC's be subject to the same $ 5,000
donation limit in place for corporations and not be used «as a way for individuals and other corporate interests to
skirt campaign finance regulations.»