LD 202 LR 476(02)
An Act To Increase the Required Number of Qualifying Contributions Gubernatorial Candidates Must Obtain To Qualify as Maine Clean Election Act Candidates
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Veterans and Legal Affairs
Fiscal Note Required: Yes
Fiscal Note
FY 2019-20 FY 2020-21 Projections  FY 2021-22 Projections  FY 2022-23
Other Special Revenue Funds $0 $0 ($1,656,175) ($1,545,800)
Other Special Revenue Funds $0 $0 ($40,000) ($48,000)
Fiscal Detail and Notes
This bill increases the number of qualifying contributions from 3,200 to 6,000 that verified registered voters must make to a gubernatorial candidate for that candidate to be certified as a Maine Clean Election Act (MCEA) candidate.  Based on historical participation levels in the program, it is likely that fewer gubernatorial candidates will qualify for funding as a result of the increased threshold within the qualifying period.  This reduction in gubernatorial candidates will reduce anticipated spending from the Maine Clean Election Fund (MCEF) by $1,656,175 in fiscal year 2021-22 and $1,545,800 in fiscal year 2022-23. Because fewer gubernatorial candidates may seek funding and will not collect qualifying contributions, revenue to the MCEF will also decrease by $40,000 in fiscal year 2021-22 and $48,000 in fiscal year 2022-23.