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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