Sentences with phrase «unlimited sums»

A super PAC is a political committee that can solicit and spend unlimited sums of money.
And, of course, being married means that each spouse can give unlimited sums of cash and other assets to the other, without triggering any gift taxes.
It gave corporations and unions the green light to spend unlimited sums on ads and other political tools, calling for the election or defeat of individual candidates.
Under the legislation, national party committees could donate unlimited sums to individual campaigns and work with the campaigns directly to decide how those dollars are spent.
And its «housekeeping» committee, meant for party - building operations, can take unlimited sums.
Thanks to their vast networks of such entities, developers can give virtually unlimited sums each campaign season.
They have been raising unlimited sums of money from real estate developers and unions, among others.
These lawyers can award the corporations unlimited sums to be paid by American taxpayers, including for the loss of expected future profits.
They could also spend unlimited sums on think tank style analysis and information dissemination.
It gave corporations and unions the green light to spend unlimited sums on ads and other political tools, calling for the election or defeat of individual candidates.
Outside spending groups like Rove's American Crossroads super PAC are the progeny of the Supreme Court's 2010 Citizens United decision, which allowed corporations and unions to spend unlimited sums for and against individual candidates.
«You can keep them in Albany until they take the corrupting influence of big corporate money seriously and close the LLC loophole that currently allows corporations to contribute unlimited sums of money into our political system.
The committees then quickly transferred funds into the campaign accounts of four Democratic state Senate candidates, including Duanesburg's Cecilia Tkaczyk, that could take unlimited sums from the Democratic county committees.
Under federal election law, campaign committees raise contributions under specific limits, currently $ 2,700 from individuals and $ 5,000 from political action committees, but at any point candidates can declare they have excess cash and donate unlimited sums directly to other party committees, charities or other nonprofits such as universities.
As a candidate, Trump could give unlimited sums to his campaign, but any such donations or expenditures are required to be disclosed.
The LLC Loophole allows LLCs to contribute nearly unlimited sums of money to political candidates and committees across the state, often anonymously.
Citing the spate of recent corruption scandals, the letter — spearheaded by Sen. Daniel Squadron and Assemblyman Brian Kavanagh, both Manhattan Democrats, says that «Albany can not regain the public's trust while unlimited sums of anonymous dollars continue to undermine people's faith in our state government and the political process.»
By law, super PACs can raise and spend unlimited sums in any given race, as long as they disclose their donors and do not coordinate activities with candidates.
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.
Mr. Jacobs, who has also served as the chairman of the state committee, said the law creates a loophole that is easily exploited, allowing party committees to take in donations far above the levels permitted for candidates while letting the party transfer unlimited sums to candidates» campaigns.
The law forbids something like «Friends of Schumer,» as the Democrat's campaign committee is known, from shipping unlimited sums directly to the campaign of a specific candidate, instead requiring those mega donations to go to party committees that in turn can spend the money to benefit those campaigns.
In August 2014, Connor told the Daily News that the IDC Initiative was in the process of re-registering with the state Board of Elections as an independent expenditure committee, a change that would allow it to spend unlimited sums as long as its spending decisions were made independently of candidates» campaigns.
«In light of the BOE's professed arguments, I'm hopeful that the Elections Committee will take a serious look at this issue to prevent unlimited sums of anonymous dollars from perverting our state government and the entire political process.»
Now, his singular participation in the campaign finance system is calling attention to a system that has failed to keep pace with the rising costs of campaigns, especially in a political cycle in which so - called «super PACs,» as a consequence of the Supreme Court's Citizens United decision, can spend unlimited sums for or against candidates as long as they maintain a veneer of distance from their candidate's official campaign apparatus.
This, despite persistent issues with public corruption, antiquated election laws, and the ongoing ability for wealthy interests to donate virtually unlimited sums to politicians.
Contributing unlimited sums of money to these campaign - supporting organizations was legalized in 2010 by the infamous «Citizens United» Supreme Court ruling.
Real estate developers routinely skirt that limit by funneling donations through limited - liability companies, or LLCs, effectively allowing them to give unlimited sums.
The NYT slaps de Blasio for professing «a devotion to goodness and idealism, and working for «the people» while quietly taking unlimited sums of cash from big donors, supposedly because these benefactors love the values he fights for and not the access and influence that buckets of money can buy.»
That's the 2010 Supreme Court ruling that removed legal barriers preventing corporations and unions from spending unlimited sums on federal elections.
The Independence Party is allowing the IDC to use its status as a statewide political party to give it access to a campaign account that can take six - figure donations and spend unlimited sums for its members, something the IDC could not otherwise do under election law.
At the same time, legislative leaders from both parties in Albany feared the convention and the election of delegates would be fueled by well - funded outside groups that can spend unlimited sums of money.
His duties include building a national network of fundraisers and courting major donors, who increasingly have more options amid the rise of outside groups that can raise and spend unlimited sums.
That decision opened the floodgates to unlimited amounts of money in elections, including through outside groups supportive of candidates that must not coordinate with official campaigns but can raise and spend unlimited sums.
Unions, however, can give unlimited sums.
The bill passed by the House yesterday would render IE campaigns unnecessary since it would allow party committees to spend unlimited sums and coordinate those expenditures with the candidates.
Walker also would end the ability of individual donors to give unlimited sums to recall election targets — so long as recalls were restricted to situations involving «misconduct in office or some other ethical issue.»
The campaign will be aided by a federal court ruling last week that said donors can contribute unlimited sums to Super PACs after tossing out New York's $ 150,000 limit on individual contributions.
Promise PAC can legally donate to candidates only as much as an individual can give, but the state Democratic Party can give unlimited sums.
As Chapter 1 discusses in detail, environmental groups as mostly 501C3 organizations were allowed to spend unlimited sums on public education which includes advertising and communication efforts advocating generally for a need for action on climate change or a general cap on emissions.
The freezing order was for an unlimited sum but the target was an account held by Entel with Deutsche Bank AG in London in the sum of approximately $ 50m.
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