| | |
nonlapsing fund, and any interest generated by the fund is credited | | to the fund. The Secretary of State shall administer the fund. |
|
| | | A.__The fund receives revenue from the tax checkoff | | established in Title 36, section 5289, allowing a resident | | of the State who files a tax return with the State Tax | | Assessor to contribute 25__to the fund. If a husband and | | wife file a joint return, each spouse may designate that 25__ | | be paid. The State Tax Assessor shall report annually the | | amounts designated for the fund to the State Controller, who | | shall transfer that amount to the fund. |
|
| | | B.__In addition to the contribution described in paragraph | | A, the fund may receive other voluntary contributions.__Any | | contributions received pursuant to this paragraph may be | | used only for the purposes of subsection 1 and may not be | | transferred to the General Fund. |
|
| | | C.__If the fund, for any 2 consecutive election cycles, | | produces a surplus of more than 100% of the previous cycles' | | expenses related to subsections 1 and 3, then 50% of that | | surplus may be assigned, at the Secretary of State's | | discretion, to the operating budget of the Office of the | | Secretary of State, Bureau of Corporations, Elections and | | Commissions, Elections Division for that year. |
|
| | | Sec. 2. 36 MRSA §5289 is enacted to read: |
|
| | | §5289.__Contribution to Maine Electoral Transparency Fund; |
|
| | | 1.__Designation.__Resident taxpayers may designate that 25__of | | their taxes be deposited in the Maine Electoral Transparency Fund | | in accordance with Title 21-A, section 737-B, subsection 5. |
|
| | | 2.__Forms.__The State Tax Assessor shall provide on the first | | page of the income tax form a space for the filing individual to | | indicate whether that filer wishes to pay 25¢, or 50__if filing a | | joint return, from the General Fund to finance the Maine | | Electoral Transparency Fund created in Title 21-A, section 737-B, | | subsection 5. |
|
| | | 3.__Transfer of funds.__The State Tax Assessor shall transfer | | funds pursuant to this section from the General Fund in | | accordance with Title 21-A, section 1124. |
|
|