Episode 512: How the Rich Use the LLC Loophole to Circumvent Personal Donation Limits
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The American Democracy Minute Radio Report & Podcast for May 1, 2024
How the Rich Use the LLC Loophole to Circumvent Personal Donation Limits
The LLC Loophole in most states is big enough that you could drive a yacht through it. So while Brian’s on vacation this week, we’re rerunning our series on Dark Money, today exploring how the wealthy use the “LLC Loophole” to circumvent a state’s personal contribution limits.
Articles & Resources:
NH Public Radio – Loophole and Connections Help Gatsas Raise Big Dollars for Governor’s Race
NH Secretary of State’s Office – “Friends of Chris Sununu” 2018 Campaign Finance Report
Seattle University School of Law – The (Dunkin’) Donut Hole: Fixing the LLC Loophole in State Campaign Finance Laws—A New Hampshire Exemplar
Wiley Law Newsletter – Change in New York Campaign Finance Laws: Closing the LLC Loophole and Aggressive Campaign Finance/Pay-to-Play Proposals
New York Focus – Hochul Campaign Donors Blow Past Corporate Contribution Limits
Follow the Money – States Which Allow Direct Corporate Contributions to Candidates
Open Secrets – Dark Money Basics
Brennan Center for Justice – Dark Money in the 2020 Election
Issue One – What is Dark Money?
Issue One – Dark Money & Super PACs
National Conference of State Legislatures – Campaign Contribution Limits: Overview
National Conference of State Legislatures- State Limits on Contributions to Candidates
Groups Taking Action
End Citizens United, Common Cause, Issue One, Public Citizen, Free Speech for People, People for the American Way, Open Democracy Action (NH), Fair Elections NY
Find all of our reports at AmericanDemocracyMinute.org
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#Democracy #DemocracyNews #DarkMoney #EndCitizensUnited #BigMoneyCorruption
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