Sentences with phrase «unlimited campaign contributions»

By a narrower margin, a majority supported closing the limited liability corporation loophole that allows some companies and individuals to give unlimited campaign contributions.

The state Business Council on Wednesday urged the Board of Elections in a letter to not end what in effect has been a regulation allowing unlimited campaign contributions through LLCs.

At the same time, Senate GOP lawmakers have been similarly skeptical of campaign finance reforms, such as closing a loophole in state election law that allows for unlimited campaign contributions through limited liability companies.

If there is anything recent events have taught us, it's that we need to limit the outsized influence of wealthy corporate donors, who have been able to influence lawmakers by making virtually unlimited campaign contributions to candidates — often without even disclosing their identities.

Our analysis underscores how unlimited campaign contributions - as limited liability companies effectively have no limits - warp our elections and result in important policy decisions being driven by the demands of wealthy special interests.

Why is Albany awash in nearly unlimited campaign contributions, and the corruption and self - dealing all that money invites?

The Republican Party filed a lawsuit Thursday to overturn the ban on unlimited campaign contributions that is the cornerstone of a 2002 law designed to reduce the influence of big donors in politics.

Defenders of unlimited campaign contributions like to think donors give money to candidates whose views they share, or to lawmakers who have done a good job in office and need the money to win election and continue doing a fabulous job.

However, since there is no limit on the number of LLCs a corporation or an individual may create, it effectively allows unlimited campaign contributions.

A coalition of groups on Monday urged the state Board of Elections to prohibit the practice of allowing individual donors to give unlimited campaign contributions through a network of limited liability corporations.

Then there's the practical political problem of Chicago's campaign rules: Unlike New York, where de Blasio and his Democratic primary rivals were all working with the same number of dollars, Chicago basically allows unlimited campaign contributions.

Last year Flanagan successfully blocked any action reforming the LLC loophole that allows corporations to make unlimited campaign contributions.

Campaign finance reform is currently a hot button issue in the New York State Legislature where a bill to close the LLC loophole, which allows unlimited campaign contributions to individuals and parties through multiple LLCs, has languished in the state Senate.