Sentences with phrase «unlimited contributions in»

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

Not exact matches

Being able to give massive political contributions actually pales in comparison to the impact of being able to destroy a publication you don't like by combining the machinery of the courts with anonymity and unlimited funds to bleed a publication dry.
But being able to give massive political contributions actually pales in comparison to the impact of being able to destroy a publication you don't like by combining the machinery of the courts with anonymity and unlimited funds to bleed a publication dry.
They assembled a Supreme Court to rule in favor of unlimited hidden corporate political contributions.
A separate bill, also approved today, would shore up the legal uses for housekeeping accounts, which are used by party conference committees and can raise unlimited funds with no contribution limits (then - Mayor Michael Bloomberg in 2012 gave Senate Republicans $ 1 million to their housekeeping account).
«Today in the state if you want to give unlimited contributions and hide that fact, the LLC loophole lets you do it.
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.
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.
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.
Cuomo's prescriptions in his 2016 State of the State speech included closing a legal loophole that lets campaign donors funnel unlimited sums to candidates through limited - liability companies; requiring office holders to report campaign contributions every 60 days instead of twice a year; allowing lawmakers to earn no more than 15 percent of their legislative salaries in private - sector work; and adopting a system of voluntary public campaign financing similar to what New York City has.
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.
Cuomo also announced measures designed to better regulate 501 (c)(4) entities that engaged in an unlimited form of lobbying and disclose financial contributions as well those received in - kind.
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 measures include provisions Assembly Democrats have backed in the past, including an end to unlimited political contributions funneled through limited liability companies, new regulations for party conference «housekeeping» or soft money accounts and new transparency proposals for lobbying funds.
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.
Why is Albany awash in nearly unlimited campaign contributions, and the corruption and self - dealing all that money invites?
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.
Since then, certain donors have taken advantage of this loophole to set up numerous LLC's in order to make virtually unlimited campaign contributions.
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.
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 «LLC loophole,» which permits large business interests to set up an unlimited number of «paper» companies in order to bypass contribution limits, has been a frequent target for liberals like Mr. Schneiderman in recent months.
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.
Because of a loophole in state law, businesses incorporated as LLC's can give unlimited contributions to state legislators.
The federal proceedings concern whether the administration doled out «pay - to - play» favors to big donors that dumped money into de Blasio's now - defunct «shadow government» nonprofit, the Campaign for One New York — Vance's case concerns allegations the mayor sought to circumvent state contribution limits in his failed bid to turn the State Senate Democratic, by having people seeking city business funnel unlimited cash into upstate county committees instead of into candidates» campaign accounts.
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.
While in that instance money was routed through county committees in what election enforcement officials suspect was an effort to circumvent contribution limits, both the Republican State Leadership Committee and Balance New York are outside, independent groups that can take and give unlimited donations.
Good government groups see the pension forfeiture measure as a token reform and have pressed for the closing of the «LLC loophole» that allows businesses to create multiple limited liability companies to donate virtually unlimited amounts of campaign cash; public financing of candidate campaigns; the end of lump sum appropriations in the budget; limits on political contributions by companies with business before the state; limits on legislators» outside income; and a renovation of Albany's ethics watchdog, the Joint Commission on Public Ethics (JCOPE).
A beneficiary can have unlimited number of Coverdell accounts, but is limited to $ 2,000 per year in total Coverdell contributions.
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.
Of course, in an ideal world we would have unlimited contribution room in those tax sheltered accounts!
From the rapid populist changes in the Middle East's Arab Spring to the Citizen's United decision of the Supreme Court that allows unlimited political contributions by corporations and so - called plutocrats here at home, democracy is a central topic of our time.
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.
British Vita Unlimited v. British Vita Pension Fund Trustees Ltd [2007] PLR 157 — The first case examining the relationship between trustees» powers under a scheme's contributions rule and the scheme specific funding regime contained in Part 3 of the Pensions Act 2004 following acquisition of a FTSE 250 company by a US private equity house and an employer / trustee funding dispute.
Caps on the amounts of additional capital contributions are prudent to avoid a joint venture party being responsible for unlimited mandatory capital contributions in the future; alternatively, the drafter can provide that additional capital contributions may be approved by a supermajority or unanimous vote of the board of managers / directors or the joint venture parties
The employer's options in learning about your job history, your work contributions, and your ability to interact professionally with work colleagues are unlimited.
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