Posted by Amy Spitalnick on Monday, April 22nd, 2013
Squadron: In Aftermath of Scandals, Senate Should Be Ashamed To Block Campaign Finance Reform & Choose Corporate Special Interests Over People
ALBANY – Today, State Senator Daniel Squadron slammed Senate Republicans for blocking his campaign finance reform legislation that would make New York a national leader in the fight against the 2010 Citizens United Supreme Court decision and give people, rather than corporations, a stronger voice in the political process.
The "Corporate Political Activity Accountability to Shareholders Act" (S177) would require shareholder approval for corporate political contributions, public disclosure of the contributions, and justification of the business rationale for making them.
ALBANY – Today, the Senate Committee on Corporations, Authorities, and Commissions blocked passage of Senator Daniel Squadron’s “Corporate Political Activity Accountability to Shareholders Act” (S.177/A.7287), which would require shareholder approval for corporate political contributions, public disclosure of the contributions, and justification of the business rationale for making them. The legislation would make New York a national leader in the fight against unchecked corporate political spending.
Squadron: Unlimited, Anonymous Contributions Pervert the Entire System
NEW YORK – State Senator Daniel Squadron has filed a motion to force a committee vote this legislative session to close New York's infamous "LLC Loophole." His bill to enact this ethics reform (S.60), also sponsored by Assemblymember Brian Kavanagh, has been stalled in the Republican-led Senate, pushing Squadron to use a procedural rule to force the legislation to be considered this legislative session. This "Motion for Committee Consideration" requires the bill to be considered in the Senate Elections Committee within 45 days.
MANHATTAN – Today, State Senator Daniel Squadron and Assemblymember Kavanagh released the following statement regarding the New York State Board of Elections' refusal to close the "LLC loophole" at today's meeting:
Democratic Senator Daniel Squadron Will Today Force A Committee Vote to Close the LLC Loophole and Reform How Campaigns are Funded
ALBANY - The Senate Democratic Conference today called on the Senate Republicans in the Elections Committee to pass legislation that will close the LLC loophole and help clean up Albany. Due to Republican refusal to even consider this critical legislation, Democratic Senator Daniel Squadron filed a motion for committee consideration to simply have this ethics reform initiative discussed by the Senate Elections Committee. Today’s vote on the legislation in the Senate Elections Committee follows decisions in recent weeks by Republicans in both the State Legislature and the Board of Elections to keep the loophole open.
ALBANY – Today, State Senator Daniel Squadron and Assemblymember Brian Kavanagh released the following statement regarding the vote to close the "LLC loophole" at today's Senate Elections Committee meeting:
ALBANY – Today, Assemblymember Brian Kavanagh and State Senator Daniel Squadron released the following statement regarding the vote to close the "LLC loophole" at a meeting of the Assembly Election Law Committee:
After Forced Vote Last Month, Corporations Cmte Must Consider Bill to Close Loophole
LLCs Currently Treated as People -- Not Corporations -- Allowing Unlimited, Anonymous dollars to Flood Process
ALBANY - State Senator Daniel Squadron today urged the Senate Majority to honor Senate rules by voting on his bill to close the LLC loophole in the Committee on Corporations, Authorities and Commissions. He sent a letter to Committee Chair Michael Ranzenhofer, reiterating that the bill is required to be considered in the Corporations Committee within two meetings of its referral by the Elections Committee.
ALBANY – State Senator Daniel Squadron and Assemblymember Brian Kavanagh, sponsors of legislation to close the "LLC loophole" (S.60A/ A.6975B), wrote a letter to Governor Cuomo on this important ethics reform. The full letter is attached as a PDF.