Law Practice,
Government
Aug. 14, 2017
Law firms made one last round of donations before restrictions started
State Treasurer John Chiang’s new policy barring members of the state bond counsel pool from giving to local bond campaigns appears to be working as intended, although not before law firms made one last flurry of donations, records show.
SACRAMENTO — State Treasurer John Chiang’s new policy barring members of the state bond counsel pool from giving to local bond campaigns appears to be working as intended, although not before law firms made one last flurry of donations, records show.
Chiang’s stated goal was to prevent “pay for play” arrangements that “rip off taxpayers.”
Studies have shown that public borrowing costs in Califor...
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