LD 2029
pg. 3
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LR 3123
Item 1

 
(3) The transfer of funds by a political action committee
to another candidate or political committee; and

 
Sec. 5. 21-A MRSA §1052, sub-§5, ¶A, as amended by PL 1999, c. 729, §6,
is further amended to read:

 
A. Includes:

 
(1) Any separate or segregated fund established by any
corporation, membership organization, cooperative or
labor organization whose purpose is to influence the
outcome of an election, including a candidate or
question;

 
(2) Any person who serves as a funding and transfer
mechanism and spends money to initiate, advance,
promote, defeat or influence in any way a candidate,
campaign, political party, referendum or initiated
petition in this State;

 
(3) Any organization, including any corporation or
association, that has as its major purpose advocating
the passage or defeat of a ballot question and that
makes expenditures other than by contribution to a
political action committee, for the purpose of the
initiation, promotion or defeat of any question; and

 
(4) Any organization, including any corporation or
association, that has as its major purpose advocating
the passage or defeat of a ballot question and that
solicits funds from members or nonmembers and spends
more than $1,500 in a calendar year to initiate,
advance, promote, defeat or influence in any way a
candidate, campaign, political party, referendum or
initiated petition, including the collection of
signatures for a direct initiative, in this State; and

 
Sec. 6. 21-A MRSA §1053, first ¶, as amended by PL 1999, c. 729, §7, is
further amended to read:

 
Every political action committee that accepts contributions,
incurs obligations or makes expenditures in the aggregate in
excess of $1,500 in any single calendar year to initiate,
support, defeat or influence in any way a campaign, referendum,
initiated petition, including the collection of signatures for a
direct initiative, 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


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