Squadron Statement On LLC Loophole Bill's 3rd Consecutive Assembly Passage

ALBANY – State Senator Daniel Squadron released the following statement in response to the Assembly’s 3rd consecutive bipartisan passage of A1926-Kavanagh, the Assembly version of his bill (S.496) to close the LLC Loophole:

“Too often, Albany laments the state of ethics, as if reform was an unattainable, hazy goal. Here's one real solution to the massive corporate contributions that drown out the voice of everyday New Yorkers in government -- a response to many of the ethics scandals we’ve seen rock Albany’s halls. The Assembly has passed it, the Governor has said he would sign it the day it passes, and good government groups and editorial boards across the state support it. The Senate? It continues to refuse to even bring the bill to the floor. 

“Ensuring New Yorkers’ voices are not drowned out in the state’s Capitol shouldn’t be a partisan issue. I urge the Senate to take this meaningful step, and pass the bill this session. Thank you to Assemblymember Kavanagh, Assembly Speaker Heastie, and my colleagues pushing for this long-overdue reform.”