Feb 10
2022
Hochul donors hiding behind LLCs
Gov. Kathy Hochul was New York’s most successful political fundraiser last year, according to campaign finance disclosures filed last month with the state elections board. Her campaign committee raked in $21.6 million in just five months. But Hochul’s campaign “flouted the law,” according to an analysis by New York Focus, by failing to identify the owners of 130 limited liability companies, or LLCs, that gave money to her committee. Since 2019, candidates running for office have been required to identify the owners of LLCs that donate to their campaigns. An LLC’s donation is divided among the owners; each owner’s share[...]