New campaign filings show Gov. Andrew M. Cuomo raised almost $900,000 from corporate spinoffs known as limited liability companies over the last six months, underscoring what critics call a gaping loophole in the laws meant to cap corporate political contributions. (LLCs aren’t subject to similar limits as parent companies.)
Predictably, the filings also show that contributions to Senate Majority Leader John Flanagan (R-East Northport) and Assembly Speaker Carl Heastie (D-Bronx) skyrocketed after they became leaders of their respective chambers last year. Flanagan garnered $291,000 over the last six months — seven times what he received over the equivalent period in the 2014 election cycle. Heastie received $301,000, also a sevenfold increase.