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