"Private money should not drive our political system. Justice, fairness and equal participation - the hallmarks of our democracy - can best be achieved through public financing of elections," said Foyle, who is a 1998 graduate of Colgate University and founder and president of Democracy Matters, an organization formed to give students a voice in the movement for campaign finance reform and to involve them in government and civic affairs. "I speak on behalf of all the Democracy Matters students mobilizing around this issue when I urge the Senate and the governor to act now on campaign finance reform."
The Assembly's Campaign Finance Reform Act of 2001 (A.8524) would:
- Provide optional matching funds to candidates in statewide and
state legislative races, with participating candidates required to adhere
to campaign spending limits and all candidates required to adhere to
newly-established contribution limits;
- Limit amounts that can be donated to candidates and political
committees;
- Ban soft money contributions to political parties' housekeeping
accounts;
- Ban fundraising events by state legislators and statewide candidates
within a 40-mile radius of Albany during the legislative session;
- Improve campaign finance reporting procedures;
- Close loopholes that allow corporations to avoid campaign
contribution limits by funneling donations through subsidiary companies;
- Require that clear identification of the funding source for
communication materials circulated in support of or against candidates;
and
- Empower local governments to enact public financing programs for
local campaigns.
"The Assembly legislative package addresses all facets of the campaign finance system, at both the state and the local level," said
Assembly Election Law Committee Chair David Sidikman (D-Old Bethpage). "Our ban on soft money contributions represents a major change
in the way that campaigns operate, and it is an indication of the
Assembly's serious commitment to comprehensive campaign finance
reform."
Sidikman sponsors legislation (A.1460) that would penalize a
corporation that violates annual campaign contribution limits by
reducing its contribution limits the following year.
"We have been seeing an alarming decrease in voter turnout in
recent years, a symptom of what I believe is increased public
cynicism caused by the amount and source of money spent on campaigns,"
said Assemblyman Alexander B. Grannis (D-Manhattan). "Our
system of government benefits from an informed electorate, which is
why I sponsored a bill to ensure that New Yorkers receive
information about ballot propositions."
Assemblyman Grannis is the sponsor of legislation (A.243-A) that
would require the state Board of Elections to provide printed
explanatory information regarding ballot propositions for any
general election in which such propositions are to be considered.
The information would be prepared by a bipartisan committee and
mailed to every household in the state with a registered voter.
"Given the public's distaste for the way that campaigns are
run now, campaign finance reform should be a slam dunk," said
New York Public Interest Research Group (NYPIRG) Legislative
Director Blair Horner. "Speaker Silver and the Assembly
Majority have put forth a sweeping reform plan that drastically
limits the influence of powerful special interests and ensures that
more New Yorkers of modest means will have a chance to run for
political office. NYPIRG strongly urges the governor and the Senate
to support this legislation."
The Assembly's campaign finance reform package has also been
supported by other government-reform organizations including Common
Cause and the League of Women Voters.
For candidates who choose to participate in contribution limits and
public funding under the Campaign Finance Reform Act, only the
first $500 of a campaign contribution would be eligible for
matching funds, at a rate of two dollars for every one dollar
contributed. In races in which a participating candidate faces a
non-participating opponent who spends either $250,000 or more in
personal funds or more than one-third of the limit applicable to
the participating candidate, contribution limits are doubled. In
these elections, there would also be no expenditure limit and
campaign contributions would be eligible for matching funds at a
rate of four dollars for every one dollar contributed.
|