127th MAINE LEGISLATURE
LD 532 LR 379(01)
An Act To Prohibit Maine Clean Election Act Candidates from Accepting Special Interest Money through a Political Party or Political Action Committee
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Brakey of Androscoggin
Committee: Veterans and Legal Affairs
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Potential current biennium savings - Other Special Revenue Funds
Fiscal Detail and Notes
The bill prohibits Maine Clean Election Act (MCEA) candidates from establishing a political action committee (PAC) for which they are principal officers, fund-raisers or decision makers and from acting as a decision maker for a party committee with regard to independent expenditures of the committee in support of the election or defeat of a candidate for Governor, State Senate or State House of Representatives. The amount of savings will depend on the number of MCEA eligible candidates who choose to engage in these actions. 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 MCEA payments were made to candidates for Governor in 2014. No estimate is made at this time of the number of candidates that might forego MCEA certification to engage in these actions moving forward.