campaign finance

Ian Donnis/File Photo / RIPR

State Representative Joseph Almeida (D-Providence) was sentenced to a year of probation and a $1,000 fine after pleading no contest Tuesday to a reduced charge, using campaign funds for his personal use, in a case that focused attention on lawmakers and their campaign finance accounts.

State Representative Anthony Giarrusso (R-East Greenwich) joins Bonus Q+A this week to discuss the merits of reform attempts in the House; what the state can do to help small business; how Republicans can increase their legislative ranks; and more.

State Treasurer Seth Magaziner is calling on federal regulators to require all publicly traded corporation to disclose their political contributions.

Magaziner makes the request in a letter written with four other state treasurers to the US Securities and Exchange Commission.

In their letter, the treasures say far too many companies can hide their political contributions from public view. They say the SEC needs to adopt a comprehensive approach to bring more sunlight to corporate campaign contributions.

RIPR FILE

Two bills meant to discourage the misuse of campaign accounts have cleared an initial hurdle at the General Assembly.  Efforts to restore the state Ethics Commission’s oversight of the legislature continue to languish.

Legislative committees have passed a bill requiring candidates to have a separate bank account for their campaign money. Another bill would make public officeholders file an annual bank statement to back up the information in their campaign spending reports.

Thanks for stopping by for my weekly read. Lots going on, so we'll get right to it. As always, feel free to drop me a line at idonnis (at) ripr (dot org) and to follow me on the twitters.

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