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Time running out for NY to nix public campaign financing

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ALBANY, N.Y. (AP) — It's unclear whether lawmakers will return to nix New York’s plan to root out political corruption by allowing candidates to run for office with up to $100 million in public funds.

The Legislature is set to return to Albany in January, and lawmakers are expected to fine-tune details then of a plan submitted this month by a politically appointed commission.

Their plan would, in part, only provide public matching funds for donors who give candidates $250 or less.

The commission’s plan will become law unless lawmakers return for a rare special session to reject it.

Legislative leaders haven’t indicated whether they would call such a special session.

The plan also makes it harder for minor parties to qualify for the ballot.