An Act To Ensure the Integrity of Laws Governing Clean Elections by Amending Provisions Regarding Equipment Repurchase

Sec. 1. 21-A MRSA §1125, sub-§15  is enacted to read:

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Under rules adopted by the Commission on Governmental Ethics and Election Practices, a candidate who receives Maine Clean Election Act funds and sells property purchased using those funds to the candidate or a family member or staff member must receive at least 40% of the original purchase price for that property. Property that is sold to someone other than the candidate or a family member or staff member must be sold at fair market value.

This bill specifies that the amount received from the candidate or a family member or staff member for the purchase of such property must be at least 75% of the original purchase price.