Ten days after the corruption arrest of one of its own, the Senate’s Independent Democratic Conference proposed a broad package of changes to the state’s oft-criticized campaign-finance laws, including an end to the endorsement law at the center of the case against Sen. Malcolm Smith.
The IDC’s plan, sponsored by Senate co-leader Jeff Klein, D-Bronx, would make a wide array of changes to the state’s current laws, headlined by a ban on all corporate donations to political candidates and a public-financing option for those seeking office. The Wall Street Journal outlined much of it here.
The key points of the plan, according to the IDC’s release, include:
The plan, if implemented, would cause a major shift in the way campaigns are funded. But the likelihood of the entire package being implemented whole is very slim.
The idea of rescinding the Wilson Pakula law has been tossed around by a number of officials, including Gov. Andrew Cuomo. The law allows political parties to endorse a candidate not registered with their organization; It’s been in the news since Smith, a member of the IDC, was arrested April 2 and charged with trying to buy his way onto the Republican ballot line in the New York City mayor’s race.
The full IDC news release, which gets into the ins and outs of the plan, can be found below.