A state legislator introduced a bill that seeks to reduce political party financing with public funds while permitting private donations
State Assembly member Juan Manuel Molina introduced a bill that seeks to reduce political party financing with public funds.
The proposal seeks to reform an article of the state’s Political Party Law.
Molina, a former member of the conservative National Action Party, said in the past the budget has been robbed by a small group in power that has seized funds.
Those funds have been needed to reactivate the economy, build infrastructure, create jobs, address poverty and improve academic performance.
“We must allocate budget funds to finance infrastructure projects with regional impact (and) invest in priority social programs,” Molina said in a statement. “It is necessary to modify local legislation under criteria of social justice, productive development and correct use of public expenditures.”
The bill, if enacted, would change the formula used by the Electoral Institute to subsidize political parties.
For decades, Mexican legislation provided funds to political parties in order to avoid private financing from special interests or criminals.
Molina said the state would save 28.5 million pesos or about $1.5 million USD under the new formula. Those funds would be used in other government programs, he said.
At the same time the bill mandates the allocation of 3 percent of political party subsidy funds to support education, training, research and editorial programs.
Molina said the bill does not seek to impact political party participation in elections.
At the same time, the bill permits private financing.
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