HP0527
LD 722
Session - 129th Maine Legislature
 
LR 65
Item 1
Bill Tracking, Additional Documents Chamber Status

An Act To Require Presidential and Vice-Presidential Candidates To Disclose Their Federal Income Tax Returns

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 21-A MRSA c. 5, sub-c. 8  is enacted to read:

SUBCHAPTER 8

DISCLOSURE OF FEDERAL INCOME TAX RETURNS BY PRESIDENTIAL AND VICE-PRESIDENTIAL CANDIDATES

§ 441 Disclosure of federal income tax returns by presidential and vice-presidential candidates

1 Candidate nominated by petition.   For a candidate who has been nominated by petition for the office of President of the United States or for the office of Vice President of the United States pursuant to subchapter 2, in order for the candidate's name to appear on the general election ballot, the candidate shall provide documentation of the previous 3 years of that candidate's federal income tax returns by 5 p.m. on August 1st of the presidential election year with the nomination petition filed pursuant to section 354, subsection 8-A.
2 Candidate selected by political party.   For a candidate who has been selected by a political party at convention to be a nominee for the office of President of the United States or for the office of Vice President of the United States pursuant to subchapter 1, Article 3, in order for the candidate's name to appear on the general election ballot, the candidate shall provide documentation of the previous 3 years of that candidate's federal income tax returns by 5 p.m. on the 3rd business day after the day on which the chair and the secretary of the political party's state committee certify to the Secretary of State the names of the party's candidates for presidential elector pursuant to section 322, subsection 2.
3 Redaction of certain information; Internet posting.   A candidate or the candidate's staff may redact the candidate's federal income tax returns to remove personally identifying information other than the candidate's name. As used in this subsection, "personally identifying information" includes social security numbers, home addresses, the employer identification numbers and street addresses of any businesses and the preparer tax identification numbers and addresses of any paid tax return preparers. The Secretary of State shall post the income tax returns on the Secretary of State's publicly accessible website.

Sec. 2. Contingent effective date. The Secretary of State shall monitor legislative activities in other states and shall certify to the Revisor of Statutes when legislation requiring that, in order for a candidate for President or a candidate for Vice President to appear on a general election ballot, the candidate for President or the candidate for Vice President disclose the previous 3 years of that candidate's federal income tax returns has been adopted in a sufficient number of other states so that the combined total of electoral votes held by those states adds up to at least 100 electoral votes when added to Maine's electoral votes. The Secretary of State shall notify the joint standing committee of the Legislature having jurisdiction over elections matters when that certification is made. That section of this Act that enacts the Maine Revised Statutes, Title 21-A, chapter 5, subchapter 8 takes effect 30 days after the date of the Secretary of State's certification.

SUMMARY

This bill requires that, in order for a candidate for President or a candidate for Vice President to appear on a general election ballot, the candidate for President or the candidate for Vice President must disclose the previous 3 years of that candidate's federal income tax returns, which may be redacted to remove personally identifying information other than the candidate's name. It directs the Secretary of State to post the tax returns on the Secretary of State's website. The legislation takes effect upon enactment of this requirement in other states.


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