In the New York Budget for 2014-2015, there is a section called Restoring Public Trust.
It contains:
- Tougher new anti-bribery and anti-corruption laws.
- A test for public financing of campaigns and elections using the 2014 Comptroller's race.
- The establishment of an independent enforcement counsel at the Board of Elections.
- Increase transparency of political contributors to independent expenditure committees.
- Disclose the outside clients or customers of State Legislators who had been referred by registered lobbyists.
Under the proposed system, the candidates will have to raise funds on their own—and report every contribution of $1,000 or more within two days. The contribution limit per person is $6,000. Before becoming eligible, the candidates will need to raise $200,000, and $2,000 of that will need to come from contributions between $10 and $75 from New York residents.
The campaign finance deal for just the comptroller's race got a raw review from current Comptroller Tom DiNapoli. DiNapoli, a Democrat, would face big pressure to opt into the system, doing so would cost him 73% of the $2.1 million war chest he's amassed. He has no GOP opponent, so that could actually help fuel a challenger.
The final vote needs to be done by the end of the month, Mar. 31, 2014.
NYC Wins When Everyone Can Vote!
Michael H. Drucker
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