Bill > HB267

This bill, effective January 1, 2027, clarifies the roles and responsibilities within campaign finance entities, which are organizations that handle money for political campaigns. It redefines "campaign manager" to include the chair of a campaign finance entity, and "responsible officers" to specifically mean the chair and treasurer of a political committee. The bill also strengthens the treasurer's role as the financial steward, stating that all campaign funds are considered owned by the entity and must be accounted for properly. While the treasurer generally approves all disbursements, they can designate authorized agents in writing to make disbursements, with the treasurer remaining responsible for those actions and the agents having a fiduciary duty. Importantly, candidates are now explicitly prohibited from accessing or making disbursements from campaign funds, and the bill outlines penalties for violations, including civil penalties that can be the amount of the disbursement plus $1,000, with responsible officers potentially liable if the entity lacks sufficient funds.

Government Affairs

Government, Labor, and Elections (House)

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0267?ys=2026RS