New York Post De Blasio backs bill to limit bundling of campaign contributions by Michael Gartland
A bill by Councilman Ben Kallos (D-Manhattan), discussed at a hearing Monday, would prohibit campaigns from accepting public matching funds off money raised by lobbyists who bundle unlimited contributions from other donors.
By law, lobbyists, contractors and others doing business with the city can give no more than $400 to a mayoral candidate. But a loophole allows those same individuals to bundle unlimited amounts from others to the same candidates.