Originally published on pressconnects.com on December 18, 2015 by Michael Virtanen.
CATSKILL — Lawyers for New York University’s Brennan Center, three state legislators and others urged a state judge on Wednesday to close the state’s campaign finance loophole that lets wealthy individuals use limited liability companies to give millions of dollars to candidates.
“It’s caused so much corruption in Albany,” attorney Elizabeth Saylor told Justice Lisa Fisher.
The loophole was central in recent trials of former Senate Leader Dean Skelos and Assembly Speaker Sheldon Silver and the $4.3 million in campaign donations made over two years by LLCs controlled by developer Glenwood Management, she said.
Read the full story here: http://www.pressconnects.com/story/news/local/new-york/2015/12/16/ny-judge-hears-suit-close-campaign-finance-loophole/77446536/