§1056-D. Limits on contributions to separate segregated fund committees
(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)
(WHOLE SECTION TEXT EFFECTIVE 1/01/23)
1.
Contributions by individuals.
An individual may not make contributions to a separate segregated fund committee aggregating more than $5,000 in a calendar year.
[PL 2021, c. 274, §12 (NEW); PL 2021, c. 274, §13 (AFF).]
2.
Contributions by business entities.
Except as provided in paragraph A, a business entity may not make contributions to a separate segregated fund committee. For purposes of this subsection, "business entity" includes a firm, partnership, corporation, incorporated association, labor organization or other organization, whether organized as a for-profit or a nonprofit entity.
A.
The corporation, membership organization, cooperative or labor or other organization that established the separate segregated fund committee, referred to in this paragraph as "the parent entity," may provide the separate segregated fund committee with the use of offices, telephones, computers and similar equipment when that use does not result in additional cost to the parent entity.
[PL 2021, c. 274, §12 (NEW); PL 2021, c. 274, §13 (AFF).]
[PL 2021, c. 274, §12 (NEW); PL 2021, c. 274, §13 (AFF).]
SECTION HISTORY
PL 2021, c. 274, §12 (NEW). PL 2021, c. 274, §13 (AFF).