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In one of only five states with no limits on corporate contributions to candidates, a coalition of grassroots groups seeks to enshrine the ability for voters to pass campaign finance laws.
Nearly three-quarters of contributions in state elections come from large donors and PACs, but small-dollar donations could make up that share if states move to adopt public financing for campaigns.
After Mike Bloomberg transferred a leftover $18 million from his campaign to the Democratic National Committee, watchdog groups are calling on the Federal Election Commission to close the loophole allowing unlimited donations to a party—but the agency still has no meetings scheduled.
A group of New York State Senate Democrats that aligned with Republicans is refusing to return hundreds of thousands of dollars worth of contributions, mostly from corporations and PACs, that the state Supreme Court ruled illegal in June.
In a potentially game-changing decision, a federal court ruled that “dark-money” groups that spend more than $250 on direct political expenditures will have to disclose all donors who have given $200 or more towards those operations.
