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NY pols, reform group sue over LLC donation loophole

2015-07-14 20:18:41| Apparel - Topix.net

State Sen. Liz Krueger and other plaintiffs in the suit argue that companies can create as many limited liability corporations, or LLCs, as needed to donate however much they want to election campaigns. A government reform organization and a bipartisan group of current and former state lawmakers are suing the New York state Board of Elections in hopes of closing a legal loophole that allows businesses to give virtually unlimited amounts of campaign donations.

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