Reinvent Albany Evaluates Campaign Finance Reform Proposals in Executive Budget

Reinvent Albany Evaluates Campaign Finance Reform Proposals in Executive Budget

Supports Intent of All Proposals Public Matching System Most Important

Reinvent Albany today released a detailed analysis of four campaign finance reforms proposed by Governor Cuomo​ in his ​Executive Budget Good Government and Ethics bill​. We undertook this analysis to help the public and stakeholders understand what the Governor is proposing and offer our perspective as a watchdog group.

The four proposals establish a public matching system like New York City’s, ban donations from LLCs (Limited Liability Companies), restrict contributions from state vendors when bidding on a contract, and prohibit state employees from volunteering for campaigns of elected officials.

Establishing a public matching system is a top priority of Reinvent Albany and the ​Fair Elections coalition​ we are part of. Reinvent Albany’s other priorities for the budget are:

  1. Codifying the agreements reached between the Governor and Comptroller DiNapoli restoring the Comptroller’s authority to pre-audit contracts before they are executed;
  2. Establishing a Database of Deals revealing all business subsidies received from the state by companies and jobs produced in return

Reinvent Albany supports the intent of all the campaign finance proposals put forth by the Governor but believes 3 of the 4 proposals require amendments to be strengthened. The ban on LLC contributions we support as written.

Reinvent Albany has evaluated in detail every campaign finance proposal.​ ​Below is an index of every campaign finance proposal, and Reinvent Albany’s position on the reform.

Click here to view this post as a PDF.