The New York Assembly has passed legislation that would provide public financing for statewide and legislative offices.

"Our democracy is strongest when a fully-engaged and empowered electorate is encouraged to participate," said [Assembly Speaker Sheldon] Silver (D-Manhattan). "For too long our elections system has engendered cynicism among those who fear that what matters most is ultimately how much money a candidate can raise for his campaign, rather than the issues that matter most in our communities."

"By providing public financing options that are fair and accountable to taxpayers and voters, we can limit the amount of private fundraising involved in campaigning and increase competitiveness in legislative and statewide elections," [Assembly Elections Committee Chair Joan] Millman (D-Brooklyn) said.