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Thursday, June 14, 2012

Maryland Campaign Donation Loophole Targeted

Maryland officials say they are drawing closer to closing a campaign-finance loophole that has allowed owners of limited liability companies to give millions in extra donations to state political candidates.

The state’s Commission to Study Campaign Finance Law met for two days this week to discuss possible legislation to tighten the state’s relatively loose campaign-finance laws, and members acknowledged the loophole is one of the most pressing matters before them.

Under Maryland law, individuals and corporations can give no more than $4,000 to a political candidate and $10,000 total during an election cycle.


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