Tuesday, December 3, 2013

Moreland Commission: Campaign Finance Reform Can't Wait

The Moreland Commission to Investigate Public Corruption recommends closing the "limited liability corporation" (LLC) loopholes that let big real estate give huge political contributions.  Albany Times Union.

Click on "read more" below for excerpts.


Saying "reform cannot wait," Gov. Andrew Cuomo's Moreland Commission to Investigate Public Corruption on Monday released a 98-page report that functions as a bestiary of the creatures inhabiting New York's ethical swamp — from ruthless pay-to-play lawmakers and business interests to sleepy campaign finance investigators — and an action plan for draining it.

. . . . 
The report's most controversial recommendation calls for the creation of a system of taxpayer matching funds for small political donations, which the report calls "the most constitutionally sound way to limit the role of big money and address the dependency of candidates on large donors."
 . . . 
Other proposals include tighter limits on political contributions and a closing of the loopholes that allow limited-liability companies and party "housekeeping" accounts to magnify their influence.