401k via flick.com
January 11, 2013
ALBANY, N.Y. (AP) - Gov. Andrew Cuomo is making a priority of campaign finance reform just as he and much of Albany have bulked up with campaign fundraisers that have brought in millions of dollars in donations.
Cuomo proposes to reduce the maximum contributions, require public disclosure of contributions within 48 hours, and to provide voluntary public financing of campaigns.
Susan Lerner of the Common Cause-NY good-government group praised the proposals.
Cuomo's plan comes weeks after his annual birthday fundraiser in which he raises millions of dollars. He now has an almost unassailable $20 million campaign fund two years before he runs for re-election.
The New York Public Interest Research Group reports most of the $85 million in campaign contributions last year for legislative candidates came from large, individual donors and businesses.
Associated Press 2013