An Act To Improve Laws Governing Financial Disclosure by Legislators and Certain Public Employees and Public Access to Information Disclosed
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 1 MRSA §1016-G, sub-§1, ¶¶C, E and K, as enacted by PL 2011, c. 634, §11, are amended to read:
C. The name, address and principal economic or business activity of any corporation, partnership, limited liability company or other business in which the Legislator or members of the Legislator's immediate family own or control, directly or indirectly, more than 50% 5% of the outstanding equity, whether individually or in the aggregate, that has received revenue of $2,000 or more;
E. Each source of income of $2,000 or more received by the Legislator and a description of the nature of the income, such as rental income, dividend income and capital gains;
K. Each party as defined in Title 21-A, section 1, subsection 28, including a party committee, and each organization that is required under Title 21-A, chapter 13 to register with the commission as a political action committee or ballot question committee for which the Legislator or a member of the Legislator's immediate family is a treasurer, principal officer or principal fund-raiser or decision maker;
Sec. 2. 1 MRSA §1016-G, sub-§5, as enacted by PL 2011, c. 634, §11, is amended to read:
Sec. 3. 5 MRSA §19, sub-§2, ¶¶H, J and P, as enacted by PL 2011, c. 634, §19, are amended to read:
H. The name, address and principal economic or business activity of any corporation, partnership, limited liability company or other business in which the executive employee or members of the employee's immediate family own or control, directly or indirectly, more than 50% 5% of the outstanding equity, whether individually or in the aggregate, that has received revenue of $2,000 or more;
J. Each additional source of income of $2,000 or more received by the executive employee and a description of the nature of the income, such as rental income, dividend income and capital gains;
P. Each party as defined in Title 21-A, section 1, subsection 28, including a party committee, and each organization that is required under Title 21-A, chapter 13 to register with the commission as a political action committee or ballot question committee for which the executive employee or a member of the executive employee's immediate family is a treasurer, principal officer or principal fund-raiser or decision maker of the organization;
Sec. 4. 5 MRSA §19, sub-§6, as amended by PL 2007, c. 704, §9, is further amended to read:
Sec. 5. Commission on Governmental Ethics and Election Practices to recommend method for disclosing income in ranges. By February 1, 2014, the staff of the Commission on Governmental Ethics and Election Practices shall recommend to the Joint Standing Committee on Veterans and Legal Affairs a method for providing disclosure of income received by Legislators and certain employees of the executive branch as ranges of income reported. The committee shall consider the recommendations of the commission and seek input from Legislators and members of the executive branch subject to disclosure requirements. The committee is authorized to report out a bill to the Second Regular Session of the 126th Legislature directing the commission to adopt major substantive rules, as defined in the Maine Revised Statutes, Title 5, chapter 375, subchapter 2-A, to require that income disclosures, required by Title 1, section 1016-G and Title 5, section 19, be submitted in ranges.
Sec. 6. Appropriations and allocations. The following appropriations and allocations are made.
ETHICS AND ELECTION PRACTICES, COMMISSION ON GOVERNMENTAL
Governmental Ethics and Election Practices - Commission on 0414
Initiative: Provides one-time funding to develop and implement a new electronic filing system.
| GENERAL FUND |
2013-14 |
2014-15 |
|
All Other
|
$20,000 |
$0 |
|
 |
|
| GENERAL FUND TOTAL |
$20,000 |
$0 |
Effective 90 days following adjournment of the 126th Legislature, First Regular Session, unless otherwise indicated.