Sentences with phrase «unlimited contributions»

Both allow unlimited contributions, and both provide a continuous stream of payments for life.

We should also close the loophole that allows for unlimited contributions to party funds, also known as «housekeeping» accounts which often goes to funding campaign activities.

They are allowed to take unlimited contributions from corporations, unions and individuals.

Unlike official campaigns and traditional political action committees, independent expenditure committees can accept unlimited contributions.

Those limits on candidate donations have been dramatically surpassed by the increasingly common practice of using nonprofit groups as a vehicle to make unlimited contributions to independent political committees.

Soft money accounts, known as «housekeeping» committees, allow political groups to raise unlimited contributions in support of generalized, party - building actions.

Of course, in an ideal world we would have unlimited contribution room in those tax sheltered accounts!

Whole Life insurance can have some very attractive investment qualities such as tax deferred growth, unlimited contribution amounts, immediate access to your money and much, much more.

Thursday's filings lay bare those donations and other jaw - dropping financial details of the first modern presidential campaign in which donors could give unlimited contributions for political ads and in which both major party candidates declined to participate in a Watergate - era public financing system designed to limit fundraising.

Cuomo wants to close a loophole in election law that allows for unlimited contributions through LLCs, as well as a bill to block those convicted of corruption from receiving pension benefits through a constitutional amendment's first passage.

This bizarre legal loophole allows essentially unlimited contributions to state political campaigns by allowing people to make contributions via an unlimited number of -LSB-...]

It's likely that the ads will again be paid for by the Democratic State Committee's soft money «housekeeping» account, which is meant to pay for party upkeep and is able to solicit unlimited contributions.

They are exploiting changes to campaign laws and regulations that have allowed wealthy individuals and businesses to pool unlimited contributions into super PACs that in turn have inundated the airwaves with negative advertisements.

«The majority decision ignores both the Court's own precedent and common sense regarding the corrupting influence of unlimited contributions to parties or candidates if they are spread across different committees,» Schneiderman said.

But other political observers saw in the announcement a chance for Cuomo to boost his profile in several national debates — possibly in advance of a presidential run in 2016 — as well as a convenient mechanism to take unlimited contributions for ads that, while not explicitly urging people to vote for Cuomo or anybody else, present a glowing portrayal of his actions.

Such unlimited contributions and influence fuels public corruption scandals that will continue to rock the foundations of our state Capitol until the LLC Loophole is closed and Fair Elections through public financing is adopted.

The city Campaign Finance Board found NYC Mayor Bill de Blasio did not break contribution limitation rules by raising unlimited contributions through his Campaign for One New York fund — then immediately issued a de facto rebuke of the tactic.

«However, I will not unilaterally disarm and allow my opponent to pour unlimited contributions into his campaign while mine continues to accept less than half of what is permitted under current law.»

Senate Democrats on Monday unveiled a package of ethics reform legislation that would cap outside income, strengthen disclosure requirements and close a loophole in campaign finance laws that guarantees unlimited contributions from limited liability corporations.

The IP accepted a quid pro quo in exchange for giving their line to Bloomberg, and used their housekeeping account, which can receive unlimited contributions, to do so.

A bill by Councilman Ben Kallos (D - Manhattan), discussed at a hearing Monday, would prohibit campaigns from accepting public matching funds off money raised by lobbyists who bundle unlimited contributions from other donors.

Meeks» endorsement comes after a recent City & State opinion piece reporting that the assemblyman is seeking unlimited contributions for his campaign by «exploiting a legal loophole.»

The group, which could accept unlimited contributions because of its status, allegedly funneled money from wealthy donors into de Blasio's campaign coffers — avoiding campaign finance restrictions.

There are unlimited contributions as there are no tax penalties on college trust accounts in the event that the savings account is overfunded, or if they don't attend college and instead pursue other paths in life.

At the moment, a single campaign donor can give unlimited contributions through a network of limited liability companies or LLCs.

Longtime League of Women Voters lobbyist Barbara Bartoletti expressed frustration at the lack of action on items including closing a giant campaign finance loophole that allows big money donors to make unlimited contributions to candidates by setting up multiple Limited Liability Companies.

Millions of dollars in campaign cash are being laundered through political committees (PCs) that are able to accept unlimited contributions from rich and powerful special interests.

Governor Cuomo proposed significant ethics changes in his state spending plan, including strictly limiting outside income, and doing away with a large loophole in campaign finance restrictions that allows unlimited contributions through Limited Liability Companies, or LLCs.

This bizarre legal loophole allows essentially unlimited contributions to state political campaigns by allowing people to make contributions via an unlimited number of Limited Liability Corporations, or shell companies.

They found that it solicited unlimited contributions to support candidates and then passed them through a «sham organization» called The Coalition for Energy and the Environment that ran attack ads against Democrats.

The rules vary at the state level — at least six states allow unlimited contributions from all types of donors, while others ban donations from corporations and other businesses entirely.

It is also an apparent attempt by de Blasio to diminish the negative attention he received for his fundraising for the Campaign for One New York, a political nonprofit that promoted his agenda while taking unlimited contributions, that has since become the subject of multiple local, state and federal investigations, and is in the process of shutting down.

The groups are seeking major changes, in the wake of the arrest and conviction of the two majority party legislative leaders, including banning or strictly limiting outside income, and closing loopholes in the campaign finance system that allow for unlimited contributions in some cases.

Cuomo normally prefers to negotiate quietly with legislative leaders on proposals before actually writing legislation, but this time he's penned eight different versions of a bill to close the campaign donation loophole that allows unlimited contributions from limited liability companies and he's presented it to the legislature.

The groups are seeking major changes in the wake of the arrest and conviction of the two majority party legislative leaders, including banning or strictly limiting outside income, and closing loopholes in the campaign finance system that in some cases allow for unlimited contributions.

«Today in the state if you want to give unlimited contributions and hide that fact, the LLC loophole lets you do it.

Cuomo normally prefers to negotiate quietly with legislative leaders on proposals before actually penning legislation, but this time he's written eight different versions of a bill to close the campaign donation loophole that allows unlimited contributions from limited liability companies (LLCs), and he's presented it to the legislature.

The American Majority Project (AMP) is the new kid on the block, a 527 group — meaning it is allowed by law to accept unlimited contributions — formed in recent days with the backing of Republican heavyweights such as former Florida governor Jeb Bush and an advisory board that includes former congressman Robin Hayes (N.C.), former Republican National Committee chairman Mike Duncan and GOP superlawyer Ben Ginsberg.

But any effort to fix the system would be complicated by loopholes that permit wealthy individuals and moneyed interests to exert outsize influence, including through 527 groups, which can accept unlimited contributions.

While there are limits on direct donations, New York law has a loophole to allow for unlimited contributions to «housekeeping accounts,» which are supposed to be restricted to party - building and maintenance efforts.

Individuals can make unlimited contributions to political committees.

Because of a loophole in state law, businesses incorporated as LLC's can give unlimited contributions to state legislators.

Longtime League of Women Voters lobbyist Barbara Bartoletti expressed frustration at the lack of action on items, including closing a giant campaign finance loophole that allows big money donors to make unlimited contributions to candidates by setting up multiple limited liability companies.

Unlimited contributions: As mentioned previously, there is no limit to the amount of money that can be placed inside a variable annuity.