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Will there be less money in politics under new campaign rules?

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  • Staff Report 

The newly implemented lower contribution limits for candidates in New York State appear to have had little impact on the amount of money raised for campaigns. For example, Governor Kathy Hochul collected $4.5 million over the last six months, notwithstanding the recent restriction limiting individual donations to $18,000.


The recently adopted system of publicly financed campaigns, a result of pressure from good-government watchdogs, has not prevented significant campaign funds being amassed during off-cycle election years.

Despite the inflow of significant funds, ethics groups believe the public financing system will democratize campaigns. The current system matches small donations ranging from $5 to $250, with the Democratic-led Legislature advocating for public matching money on the first $250 in contributions up to the maximum limit for a state race.



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