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nonlapsing fund, and any interest generated by the fund is credited | to the fund. The Secretary of State shall administer the fund. |
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| 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. |
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| 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. |
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| 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. |
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| | Sec. 2. 36 MRSA §5289 is enacted to read: |
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| §5289.__Contribution to Maine Electoral Transparency Fund; |
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| | 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. |
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| | 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. |
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| | 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. |
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