127th MAINE LEGISLATURE
LD 1688 LR 2790(02)
An Act To Amend the Laws Governing Funding of 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
Potential future biennium cost savings - Other Special Revenue Funds
Potential future biennium revenue decrease - Other Special Revenue Funds
Fiscal Detail and Notes
The bill limits a candidate for Governor to collecting no more than $20,000 in seed money contributions from people that are not registered voters in Maine in order to be certified under the Maine Clean Election Act, resulting in potential future Other Special Revenue Funds savings to the Maine Clean Election Fund (MCEF) from fewer gubernatorial candidates participating in the Maine Clean Election Act. There is no current estimate on the amount of potential savings to the MCEF, although it will exceed any potential revenue loss.