WASHINGTON (AP) -- A D.C. Council committee has approved a bill that would ban businesspeople from using multiple limited-liability corporations to contribute to political campaigns in the city.
The intent of the bill from Councilmember Kenyan McDuffie is to close a longstanding loophole in District of Columbia campaign finance law that allows for corporate bundling of contributions.
The committee voted unanimously Tuesday to send the bill to the full council. If it becomes law, corporations and subsidiaries with the same ownership would be treated as the same company for campaign-finance purposes.
As drafted, the bill also would have taken away the council's approval authority for contracts greater than $1 million, a process that critics say creates the perception of corruption. That language was taken out.
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