LD 2663
pg. 4
Page 3 of 6 An Act Relating to Reporting Requirements for Political Action Committees on th... Page 5 of 6
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LR 4161
Item 1

 
(1) A candidate or a candidate's treasurer under section 1013-A,
subsection 1;

 
(2) A candidate's authorized political committee under
section 1013-A, subsection 2; or

 
(3) A party committee under section 1013-A, subsection 3.;
or

 
(4)__A person, other than as provided under section
1056-B.

 
Sec. 6. 21-A MRSA §1053, first ¶, as amended by PL 1989, c. 833, §14,
is further amended to read:

 
Every political action committee that accepts contributions,
incurs obligations or makes expenditures in the aggregate in
excess of $50 $1,500 in any single calendar year to initiate,
support, defeat or influence in any way a campaign, referendum,
initiated petition, candidate, political committee or another
political action committee must register with the commission,
within 7 days of accepting those contributions, incurring those
obligations or making those expenditures, on forms prescribed by
the commission. These forms must include the following
information and any additional information reasonably required by
the commission to monitor the activities of political action
committees in this State under this subchapter:

 
Sec. 7. 21-A MRSA §1056-B is enacted to read:

 
§1056-B.__Reports of contributions and expenditures by persons

 
Any person who solicits and receives contributions or makes
expenditures, other than by contribution to a political action
committee, aggregating in excess of $1,500 for the purpose of
initiating, promoting, defeating or influencing in any way a
ballot question must file a report with the commission.__In the
case of a municipal election, a copy of the same information must
be filed with the clerk of that municipality.

 
1.__Filing requirements.__A report required by this section
must be filed with the commission according to a reporting
schedule that the commission shall establish that takes into
consideration existing campaign finance reporting schedule
requirements in section 1059.

 
2.__Content.__A report must contain an itemized account of
each contribution received and expenditure made aggregating in
excess of $1,500 in any election; the date of each contribution;


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