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How Does the NY LLC Loophole Work?

published by Citizens Union

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HOW THE NEW YORK LLC LOOPHOLE WORKS
Corporation donation limit: $5,000
Individual donation limit: $60,800
But there's an easy way around those limits:
Form multiple LLCs
LLC donation limit: $60,800 Multiple LLC donation limit: None
Contributions can then be made exceeding the LLC limit by donating the maximum amount from each.
LLC
Campaign contribution limits are evaded through the LLC loophole
CULTURE OF CORRUPTION
The LLC loophole contributes to the
Allowing millions to flood elections.
that has plagued Albany for decades.
SIGN THE PETITION
To close the LLC loophole and fight corruption!