Bill > LD1284

Introduced Session

This bill makes the following changes to the Maine Clean Election Act and other campaign finance laws. 1. It changes the title of the Maine Clean Election Act to the Maine Publicly Financed Election Act and the name of the Maine Clean Election Fund to the Maine Publicly Financed Election Fund. 2. It changes from $3,000,000 to $2,000,000 the amount of tax revenue required to be deposited in the fund by the State Controller each year. 3. It eliminates the ability of gubernatorial candidates to receive funding under the Maine Publicly Financed Election Act. 4. It restricts candidates seeking to participate in the Maine Publicly Financed Election Act to collecting seed money contributions from registered voters in the electoral division for the office a candidate is seeking. 5. It changes the distribution amounts for certified Maine Publicly Financed Election Act candidates to match the distribution amounts, rounded to the nearest $500, established by the Commission on Governmental Ethics and Election Practices for certified Maine Clean Election Act candidates in 2014. It clarifies the commissionâ??s authority to maintain, increase or reduce the amount of fund distributions every 2 years based on changes to the Consumer Price Index. 6. It eliminates the ability of certified Maine Publicly Financed Election Act candidates to obtain supplemental fund distributions by collecting additional qualifying contributions. 7. It removes a provision of the campaign finance laws requiring that communications that are financed by independent expenditures include a conspicuous statement listing the top 3 funders of the entity making the independent expenditure. 8. It specifies that only party committees and political action committees, and not individuals, are required to file reports with the commission of independent expenditures aggregating in excess of $250 during any one candidateâ??s election.

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Joel Stetkis (R)*, 

Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD) (on 05/19/2021)

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