Printed on recycled paper 132nd MAINE LEGISLATURE FIRST SPECIAL SESSION-2025 Legislative Document No. 1350S.P. 567 In Senate, April 1, 2025 An Act to Ban Corporate Contributions to Candidates Received by the Secretary of the Senate on March 28, 2025. Referred to the Committee on Veterans and Legal Affairs pursuant to Joint Rule 308.2 and ordered printed. DAREK M. GRANT Secretary of the Senate Presented by Senator TIPPING of Penobscot. Cosponsored by Representative MACIAS of Topsham and Senators: DUSON of Cumberland, NANGLE of Cumberland, RENY of Lincoln, TEPLER of Sagadahoc, Representatives: BECK of South Portland, GEIGER of Rockland, ROEDER of Bangor, SKOLD of Portland. Page 1 - 132LR1781(01) 1 2 as repealed by PL 2023, c. 244, §6, is 3 reenacted to read: 4 5 contributions to a candidate. 6 as enacted by IB 2023, c. 4, §2, is amended 7 to read: 8 9 10 committee, a separate segregated fund committee, a caucus political action committee, any 11 other political action committee or any business entity may not make contributions 12 aggregating more than $5,000 in any calendar year to a political action committee for the 13 purpose of making independent expenditures under section subsection 1. 14 Beginning December 1, 2024, contribution limits in accordance with this subsection are 15 adjusted every 2 years based on the Consumer Price Index as reported by the United States 16 Department of Labor, Bureau of Labor Statistics and rounded to the nearest amount 17 divisible by $25. The commission shall post the current contribution limit and the amount 18 of the next adjustment and the date that it will become effective on its publicly accessible 19 website and include this information with any publication to be used as a guide for 20 candidates. For purposes of this subsection, "business entity" includes a firm, partnership, 21 corporation, incorporated association, labor organization or other organization, whether 22 organized as a for‑profit or a nonprofit entity. 23 as repealed by PL 2023, c. 244, §8, is 24 reenacted to read: 25 26 a firm, partnership, corporation, incorporated association, labor organization or other 27 organization, whether organized as a for-profit or a nonprofit entity. 28 29 This bill amends the campaign finance laws to prohibit a business entity from making 30 contributions to candidates and defines "business entity." 29 30