125th MAINE LEGISLATURE
LD 1774 LR 2682(01)
An Act Regarding the Matching Funds Provisions of the Maine Clean Election Act
Fiscal Note for Original Bill
Committee: Veterans and Legal Affairs
Fiscal Note Required: Yes
             
Fiscal Note
FY 2011-12 FY 2012-13 Projections  FY 2013-14 Projections  FY 2014-15
Appropriations/Allocations
Other Special Revenue Funds ($473,001) ($927,880) ($473,001) ($927,880)
Revenue
Other Special Revenue Funds ($23,650) $0 ($23,650) $0
Fiscal Detail and Notes
This legislation, in response to the ruling of the United States Supreme Court, repeals requirements related to qualification for and distribution of matching funds.  The bill includes an Other Special Revenue Funds deallocation to the Commission on Governmental Ethics and Election Practices of $473,001 in fiscal year 2011-12 and $927,880 in fiscal year 2012-13 for reduced payments to candidates related to eliminating matching funds.  This analysis assumes participation in the Maine Clean Elections process will decrease due to the elimination of matching funds, therefore Other Special Revenue Funds revenue will decrease by $23,650 in fiscal year 2011-12 from reduced qualifying contributions.