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The bill
prohibits, during certain date ranges, Maine Clean Election Act (MCEA)
candidates from establishing a political action committee (PAC) for which
they are a treasurer, principal officer or primarily responsible for
fundraising or decision making. The amount of savings will depend on the
number of MCEA eligible candidates who choose to establish these PACs. Based
on 2014 MCEA payments from the Maine Clean Election Fund there would have
been an approximate savings of $4,910 and $22,705 for each MCEA certified
candidate for State Representative and State Senator, respectively, that
chose not to become MCEA certified. No estimate is made at this time of the
number of candidates that might forego MCEA certification to establish these
PACs moving forward. |