Not exact matches
Horner, with NYPIRG, says the testimony illustrates the need to clean up New York's
campaign finance laws by setting
stricter caps on
contributions and eliminating a loophole that allows donors to use LLCs or
limited liability companies, to skirt existing donor
limits.
Governor Cuomo proposed a broad set of laws including
stricter limits on
campaign contributions and party spending on behalf of candidates, public financing of elections to match small
contributions from individuals, and new public corruption crimes in an attempt to reduce the culture of corruption in Albany.
As a candidate for governor, Andrew Cuomo advanced a proposal to place new,
strict, and lower
campaign contribution limits on those seeking and receiving government contracts.
What's more, they are enforced by an energetic and independent
Campaign Finance Board, which oversees a carefully constructed system that combines generous public matching funds with
limits on
contributions to political candidates,
limits that are especially
strict for lobbyists and others doing business with the city.
That's because
campaign spending in New York is closely regulated by
strict and comparably low
contribution limits — even lower for anyone with business before the city — and with a public financing system that offers matching funds from taxpayers to candidates who opt in and follow further fundraising rules.
While some ethics reform provisions were included (such as mandatory reporting of outside income and
stricter per diem regulations), there was no major
campaign finance reform, nor did the legislature close the LLC loophole that allows wealthy corporations to skirt
campaign contribution limits.
Horner said the testimony illustrates the need to clean up New York's
campaign finance laws by setting
stricter caps on
contributions and eliminating a loophole that allows donors to use LLCs, or
limited liability companies, to skirt existing donor
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).