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.

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