Assembly Speaker Silver Introduces Public Financing Bill
April 24, 2012
There's been quite a bit of discussion on campaign finance reform in NY recently, including as we discussed here and here. Today, NY Assembly Speaker Sheldon Silver introduced a campaign finance reform bill which would allow candidates running for state office to receive matching contributions of $6 for every $1 raised on contributions up to $250. The bill also sets forth a contribution limit of $2,000, though constituted committees (a type of party committee) can give significantly more - for example, up to $2.5 million for gubernatorial candidates. The bill also requires at least one debate before each primary and general election.