In an effort to restrict the potential for quid-pro-quo corruption, companies or individuals who are doing, or seeking to do, business with New York City are barred by city law from donating more than $400 to city candidates running in any election cycle.
Larger campaign contributions can be made to independent expenditure committees — essentially New York’s version of super PACs — which allow well-heeled political donors to give unlimited amounts of money to the candidate of their choice.
According to The City, former Democrat Gov. Andrew Cuomo has received nearly $2.7 million in donations for this year’s race from those on the “doing business” list through Fix the City, an independent expenditure committee that is aggressively supporting his bid for New York City mayor.
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