Quantcast

Gotham Gazette

The Place for New York Policy and politics

Citizens Union
Loading

LLC loophole

LLC loophole

  • Left Out of Ethics Deal, LLC Loophole Faces Renewed Scrutiny

    Cuomo Heastie

    Gov. Cuomo & Speaker Heastie shake on an ethics deal (photo: Governor's Office via flickr)


    The New York State Board of Elections opened up a floodgate in 1996, allowing cash to flow virtually unabated to political candidates. The BOE issued a ruling that allowed limited liability corporations, or LLCs, to be treated as individual donors and individuals to donate unlimited funds to candidates for state-level offices by creating multiple LLCs. Efforts to change the law in the Legislature have failed miserably and

    ...
  • Advocates: Cuomo, Legislature Squandered Moment for True Reform

    Cuomo Nolan

    Gov. Cuomo & AM Nolan shake on an ethics deal (photo: the Governor's Office via flickr)


    The arrest of former Assembly Speaker Sheldon Silver was supposed to spark the moment for true reform in Albany. It felt to many a simultaneously shocking and galvanizing event, strong enough to splinter, if not destroy the dam, allowing the flow of real discussion about regulating lawyer-legislators, loopholes allowing unlimited LLC donations to candidates, and conflicts of interest. It was a time for bold

    ...
  • Frustrated and Confused, Legislators Vote on Largely Unseen Budget

    cuomo greek parade

    Gov. Cuomo during Sunday's Greek Independence parade (photo: @NYGovCuomo)


    Voting on a murky budget "framework" began in Albany on Monday evening under a cloud of confusion and anger. Debate in both houses of the state Legislature stretched from afternoon into evening, with the Assembly adjourning around 9 and the Senate around 10 p.m. Both will be back to finish voting on budget bills Tuesday morning - legslation that members mostly have not had a chance to read.

    As Gov. Andrew Cuomo and legislators sprint to

    ...
  • New York's Unique Campaign Finance Ecosystem

    mmv speech

    Council Speaker Melissa Mark-Viverito (photo: Joyce Choi Li)


    New York City Council Speaker Melissa Mark-Viverito has been the subject of much speculation of late. She is the most powerful member of the Council and influential in politics beyond the city. As a woman of Puerto Rican descent she represents a voting bloc that is woefully underrepresented in New York elected offices. She also maintains a busy travel schedule and ties to a wide swath of

    ...