Sentences with phrase «state contribution caps»

Meanwhile, Manhattan District Attorney Cyrus Vance has another panel hearing arguments that the mayor and his closest political assistants deliberately circumvented campaign finance laws in their failed 2014 effort to flip the State Senate to the Democrats, by directing donors (many of whom also had business before the city) to funnel money into upstate party committees instead of into candidates» individual campaign accounts — thus bypassing state contribution caps.

Not exact matches

The National Organiztion for Marriage has filed a lawsuit in federal court that seeks to circumvent the state's campaign contributions limits, arguing that the caps violate its right to free speech.
McDonald argued that the city's cap on individual contributions at $ 4950 was in contrast to the state law which allows $ 19,700 for mayoral primaries and up to $ 41,000 for general elections.
«Pay to play» controls which cap contributions from people doing business with New York State entities;
The contributions went to the Committee to Save New York, a business and labor coalition that raised $ 17 million and spent nearly $ 12 million in 2011, much of it on campaign - style television and radio advertisements praising Mr. Cuomo and supporting his proposals to cap property taxes and slash state spending.
The Assembly voted to close the LLC loophole in campaign finance laws, cap contributions by limited liability corporations at $ 5,000 and require them to identify the individuals who make the donations in the LLC's name, and limit lawmakers» outside income to 40 percent of the annual salary of state Supreme Court justices.
Right now, the state caps election - cycle contribution limits at $ 150,000 for an individual donor in a calendar year and $ 5,000 for corporations.
· Allowing counties an option to modify how they fund state mandated pension contributions · Providing counties more audit authority in the special education preschool program · Improving government efficiency and streamlining state and local legislative operations by removing the need for counties to pursue home rule legislative requests every two years with the state legislature in order to extend current local sales tax authority · Reducing administrative and reporting requirements for counties under Article 6 public health programs · Reforming the Workers Compensation system · Renewing Binding Arbitration, which is scheduled to sunset in June 2013, with a new definition of «ability to pay» for municipalities under fiscal distress, making it subject to the property tax cap (does not apply to NYC) where «ability to pay» will be defined as no more than 2 percent growth in the contract.
Cuomo had promised to provide details in Tuesday's budget address about his proposal for a new payroll tax and a novel use of charitable contributions to help offset a new federal cap on the deductibility of state and local taxes.
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.
Since contributions would be both deductible and trigger the credit, the effective credit would be between 91 percent and 94 percent.31 This proposal provides relief from the SALT cap because the contribution can be deducted from income for federal tax purposes, just as the State and local tax was prior to TCJA.
«Every year, hundreds of donors give more money than is allowed by state law that has highest limits of any state capping donation size; scores of candidates fail to disclose large contributions received in the run - up to Election Day; thousands of filings obfuscate the identity of donors or the purpose of expenditures through the inclusion of incomplete or incorrect information; and dozens of incumbent lawmakers spend campaign funds for what reasonable people would unanimously agree are non-campaign reasons,» the report found.
Paying off the interest and principal from the borrowing would come from a 10 - cent increase in the state's gas tax, half of a percent increase in the income tax rate for those who earn between $ 500,000 and $ 2 million and a $ 60 million contribution from New York City in the first year, with an extra $ 60 million added every year to the fifth year, capped at $ 300 million.
Corporate contributions would be prohibited, housekeeping accounts would be eliminated, cap contributions to state and county party committees at $ 10,000 and eliminate «housekeeping» accounts that generally lack the same regulations for regularly desginated committees.
The governor proposes some ridiculous, unworkable, flawed schemes to convert federal taxes into state taxes, make school taxes into charitable contributions and otherwise get around the $ 10,000 cap on the SALT deduction.
The governor's members representatives on the panel demanded that legislators concede to a number of his proposed reforms, including new caps on political contributions and changes to the state constitution that would impose term limits on lawmakers and place a ceiling on their non-government income.
Last month, Gov. Andrew Cuomo announced eight proposals — one for each of the state's political offices — to close the so - called LLC loophole, including capping LLC contributions to state officials at $ 5,000.
Investigators were spurred by a report from the state Board of Elections» top enforcement officer, who was appointed by de Blasio rival Gov. Andrew Cuomo, that accuses the mayor and his team of dodging caps on contributions and disguising donor names during the 2014 Democratic campaign.
On Thursday, U.S. District Judge Paul A. Crotty issued a five - page ruling in New York Progress and Protection PAC v. Walsh, overturning New York State's aggregate campaign contribution cap on donations to independent political groups.
At issue in Vance's investigation is whether the mayor or his apparatchiks sought to circumvent state campaign contribution caps by directing their political allies to write checks to upstate Democratic county committees, which do face the same donation ceilings.
Offering some alternatives Cuomo might pursue, Steinberg called for mandate relief, a cap on district pension contributions and rolling back state special education requirements that go beyond federal requirements.
The proposals include would lower overall campaign donation limits, cap soft - money contributions at $ 25,000, create a public financing system for state campaigns and create new criminal penalties for public officials who steer government contracts to themselves, relatives or business partners.
DiNapoli in an interview in August indicated he would keep the contribution rates the same for local governments, which have struggled in recent years to raise revenue amid a cap on property taxes, the flat growth of aid to municipalities and mandated state spending requirements.
In order to legally get around the state's $ 150,000 annual political donation cap on contributions, Litwin's donations, which have largely been to support Republican candidates, have been through limited liability companies associated with Glenwood.
Although that figure seems just barely within the state's 2 percent tax cap, the rate includes mandated payments including contributions to the state employee retirement system that are not covered by the 2 percent cap.
Authorities are also examining whether fundraising efforts for Democratic state senate candidates violated campaign contribution limit laws by being routed to other committees, which were allowed to rake in huge donations compared to caps on single donors directly to a candidate's campaign.
The chancellor also announced that contributions from the state to the pensions of teachers, local government and health workers and civil servants would be also capped.
In response to President Donald Trump's tax law which includes a cap on the state and local tax deductions (SALT), the budget creates two new state - operated Charitable Contribution Funds to accept donations seeking to ameliorate health care and education in the state.
The governor announced that he would seek an array of good government reforms from the State Legislature, a number of them familiar: preventing donors from circumventing contribution caps through the creation of shell limited liability corporations; enhancing personal financial disclosures; creating a public financing system; and instating constitutional amendments to establish term limits for Albany lawmakers (though not Cuomo and the current class of legislators), extend the legislative session from six months to year - round and ban outside income.
The city - state split may result from the state's annual contribution being capped and the cost of the rent cap being higher than anticipated.
However, difficulty keeping up with increasing costs led SLPS to request that the state legislature cap their contribution rate at 16 percent, and they did.
Your state and local taxes are still capped at $ 10,000, but now your charitable contributions are $ 25,000, bringing your total deductions to $ 35,000.
The 2017 Task Force recommended adding a new Guideline section dealing specifically with post-secondary educational expenses, and capping parental court - ordered contributions at 50 % of the undergraduate, in - state resident costs of the University of Massachusetts - Amherst.
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