NY attorney general to require political groups to disclose 'dark money' donors, spending
By AP
ALBANY -- Political groups that use millions of dollars in so-called "dark money" provided by unnamed donors will now have to disclose how they raise and spend their increasingly influential cash, according to New York state Attorney General Eric Schneiderman.
Schneiderman told The Associated Press he'll announce Wednesday that he will require nonprofit groups to disclose their political spending, identify donors and detail expenditures such as broadcast and print advertising used in New York campaigns and to push certain issues.
The Democrat is using his power as a regulator of charities and other nonprofit groups to force the transparency. Good-government groups have argued these organizations are significantly influencing voters through their ad campaigns, with little or no accountability. The government advocates call the cash "dark money."
"When people spend money to try to influence our elections, the public needs to know where that money is coming from, and how it is being spent," Schneiderman told the AP. "Simply put, transparency reduces the likelihood of corruption."
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