The US Supreme Court decided in the past year that a corporation has the same free speech rights as an individual,
so campaign contribution limits did not apply.
Not exact matches
«For most offices, New York State's
contribution «
limits» are substantially higher than those of any other state that imposes
limits, and they are
so high as to ensure that large donors dominate major political
campaigns and candidates spend as much time as possible raising money from donors rather than talking with voters about issues,» Cuomo said in the written version of the
SoS.
Campaign cash from
limited liability corporations — Arwin 88th Street LLC, Columbus 60th Realty LLC and Briar Hill Realty LLC are but a few connected to Glenwood — is now the subject of intense scrutiny as good - government groups demand lawmakers close loopholes that have allowed LLCs to make political
contributions with
so few constraints.
Astorino
so far has $ 1 million in his county executive
campaign account, which has lower
contribution limits than for a statewide
campaign.
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 aforementioned suit over a candidate's use of LLC money was settled out of court,
so there hasn't yet been a clear test of what might be called the Sugarman Doctrine, which assumes underutilized power in the sections of election law prohibiting attempts to circumvent
contribution limits and obfuscate the true source of
campaign money.
That's WAY over the $ 2,500
campaign contribution limit,
so I asked Dohney
campaign spokesman Jude Seymour for an explanation.
In doing
so, the group widely exceeded the legal
limit for
campaign contributions.
Limits on the
so - called loophole for
limited liability companies, which allow
limited liability companies to have much higher
campaign contributions than other businesses.
The company is also notorious as the No. 1 exploiter of the
so - called LLC loophole in
campaign finance law, which deep - pocketed donors blow past
contribution limits and hide their identities by passing money through
limited liability companies.
On Thursday, the prosecutor said the de Blasio operation «enabled an unprecedented amount of money to flow» to individual
campaigns, but did
so without violating the
limits on
contributions.
The top investigator at the state's Board of Elections asked prosecutors in January to investigate whether the mayor's advisers broke the law by channeling
campaign contributions to Democratic state Senate candidates through a committee not subject to donation
limits,
so as to evade them.
The Assembly has passed some
campaign finance reform measures, including closing the
so - called
Limited Liability Company (LLC) loophole, which allows those controlling these secretive business entities to essentially ignore
campaign contribution limits.
The governor went
so as far as to circulate a questionnaire to candidates quizzing them on their support for ethics law changes, asking their position on
limiting lawmakers» outside income and stricter
campaign contribution requirements for
Limited Liability Companies (LLCs).
Compliance reviewers have a list of things they look for - whether names and addresses are complete, whether
campaign contributions exceed legal
limits, and
so on.
This is usually how it goes: politician wannabe gets
campaign contributions from private sector guy, gets into office, legislates in favor of private sector guy, private sector guy contributes more, politician guy takes vacation in Italy (or goes for a hike on the Appalachian trail)... gets re-elected, the word gets out that he «plays,» more private sector guys contribute to his
campaign, voters are pleased to see the name of their representative in print, like the new wardrobe, the new hairstyle, believe all change is good and re-elect the politician again... politician feels the power, creates agency to watch over private sector guy, agency takes fact - finding trip to France... raises taxes on private sector guy, writes legislation that taxes private sector guy if his plant emits CO2 while producing widgets... voters are in awe and re-elect the politician... private sector guy whines, politician makes him ambassador to Taiwan,
limits how much the new private guy taking his place can earn, and taxes all widgets
so new private guy will make more environmentally friendly ones... voters swoon, pay more for widgets, lose job in widget factory, hate private guy, re-elect their pol... politician buries $ 5 billion aid to Taiwan in next appropriation bill...... kind of makes a case for term
limits, doesn't it.