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.