Bill

Bill > HB111


MD HB111

Election Law - Campaign Finance - Exploratory Committees


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead
04/08/2025

Introduced Session

2025 Regular Session

Bill Summary

Applying certain campaign finance requirements for a political committee to exploratory committees; establishing requirements and prohibitions for exploratory committees relating to the establishment of the committees, receipt of funds, and permissible disbursements; requiring an authorized candidate campaign committee that results from the exploratory committee to make any equipment purchases from the exploratory committee at the fair market value of the equipment; etc.

AI Summary

This bill amends Maryland's Election Law to establish formal guidelines for exploratory committees, which are entities created by potential candidates to assess their viability for running for public office. The bill defines an exploratory committee as a specific type of entity that can receive funds and make disbursements to help a potential candidate determine whether to run for office. The committee is permitted to spend money on activities like conducting surveys, direct mailings, hiring staff, creating a website, and purchasing electronic equipment. Importantly, the bill specifies that an exploratory committee cannot pay expenses in advance for a future campaign committee and must return any remaining funds within 120 days after the potential candidate either files a certificate of candidacy, publicly declines to run, or misses the filing deadline. The funds can be returned pro rata to contributors or paid to entities like the candidate's political party central committee, their campaign committee, a nonprofit organization, or the Fair Campaign Financing Fund. The bill also clarifies that donations to an exploratory committee are not subject to traditional campaign finance contribution limits. The legislation will take effect on June 1, 2025, providing a clear framework for how these committees can operate in Maryland.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

House Ways and Means Hearing (13:00:00 1/21/2025 ) (on 01/21/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...