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Are you ready for unlimited campaign donations to political committees?

Florida’s campaign finance system is so riddled with holes that a state ethics watchdog group will urge lawmakers Wednesday to open the spigot and let an unlimited amount of campaign cash gush into campaign coffers.

Integrity Florida, a non-profit, independent ethics advocacy organization, will tell the Houses Ethics and Elections Committee that the state should allow no-limits campaign finance in exchange for public disclosure of all donors.

Disclosure would be made within 24 hours of every check deposited to any state or local campaign account and every expenditure paid. The group also wants the elimination of powerful political slush funds that whitewash funds and shield donors, known as Committees of Continuous Existence.

“There is no evidence that caps on contributions are effective,’’ said Dan Krassner, executive director of Integrity Florida. “The money is going to find its way into the system. It is broken in every possible way.”

House Speaker Will Weatherford, R-Wesley Chapel, who has made eliminating CCEs a political priority, told the Herald/Times that he is “open to considering” the removal of contribution limits.

“We already have a system that allows for unlimited money,’’ he said. Story here. 

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