Sec. 14. 1 MRSA §1016-C, as enacted by PL 1991, c. 880, §2, is amended to read:

§1016-C. Reports by legislative candidates

A candidate, as defined in Title 21-A, section 1, subsection 5, for the Legislature who is not required to file a report under section 1016-A or 1016-B 1016-D shall file a report statement containing the same information required of Legislators under sections 1016-A and 1016-B section 1016-D.__The statement must be filed no later than 5 p.m. on the first Monday in August preceding the general election unless the candidate withdraws from the election in accordance with Title 21-A, section 374-A by that date.

Sec. 15. 1 MRSA §§1016-D to 1016-G are enacted to read:

§1016-D.__Financial disclosure by Legislators

Annually, each Legislator must file with the commission a statement of specific sources of income received in the preceding calendar year.__No later than one month before the statement is due, the commission shall mail or deliver forms prescribed and prepared by the commission to each Legislator.__Completed statements must be notarized.__The statement is a public record.

1.__Time for filing.__Each member of the Legislature must file the statement with the commission no later than 5:00 p.m. on February 15th of each year.

2.__Updating statement.__Each Legislator, whose sources of income change after submitting the statement required under this section, must file a report of that change with the commission.__ That report must be filed within 30 days of any addition, deletion or change to the information relating to the preceding year supplied under this section.

3.__Disclosure of Legislator's income.__The Legislator filing the statement must provide the name and address of each specific source of income received as follows.

A.__A Legislator who is an employee of another must name each employer from whom that Legislator received $1,000 or more and state the principal type of economic activity of that employer.