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NBC News.

The proposal, which the New York senator referred to as her “Clean Elections Plan,” is her first major policy initiative since announcing her bid for the presidency in January. The idea is purportedly to reduce the influence of big money in politics by giving voters “Democracy Dollars.”

The “Clean Elections Plan” would provide every eligible voter the ability to register for vouchers to donate a total maximum of $600 per election cycle; participants would be able to donate up to $100 in a primary election and $100 in a general election for House, Senate and presidential races, according to NBC News. The “Democracy Dollars” could only go toward elections in a voter’s state, however, they could donate to congressional races outside their own district.

Democratic 2020 presidential hopeful Sen.Kirsten Gillibrand attends a

Democratic 2020 presidential hopeful Kirsten Gillibrand attends a “Medicare For All” event in the Dirksen Senate Office Building. (Mandel Ngan/AFP/Getty Images)

Politicians would be required to forgo any donations larger than $200 per donor in order to participate in the “Clean Elections Plan.” (RELATED: Gillibrand Reaches Out To Wall Street As She Looks To Launch Her 2020 Presidential Bid)

“[Candidates] would campaign in all communities,” Gillibrand said. “They would be going to low-income communities, they would be going to rural communities, they would be asking people to support them not only with a vote, but with (financial) support for their campaign.”

Gillibrand announced in February that her presidential campaign wanted to “reduce the influence of money in politics,” so she would not be accepting PAC money. Interestingly, she excluded political action committee money from labor unions in her pledge.

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Tags : elections kirsten gillibrand new york