Common Cause New York Statement on Governor Cuomo’s Legislation to Close the LLC Loophole

NEW YORK, NY — “Common Cause New York is pleased to see Governor Cuomo’s proposed bills to close the LLC loophole, but with ten session days left it’s a race against time.  With Senator Squadron’s bill blocked from coming to a floor vote yet again, it is clear that a different approach is needed to move this essential reform. We welcome the Governor’s active engagement in the push to finally begin to close the LLC Loophole.”