An Act To Require Disclosure Of Campaign Funding Sources

LD 951 requires political committees in Maine that spend over $50,000 in an election cycle to disclose the sources of campaign contributions exceeding $10,000 from a single donor. It mandates committees to notify contributors about disclosure requirements, with donors having 21 days to confirm if funds are "original" (e.g., earned income) or "pass-through" (funds from others). If pass-through funds are used, donors must identify all sources contributing $2,500 or more and detail the transfer chain. Committees must retain these records for five years and provide them to the election commission upon request. This bill directly affects large campaign committees and wealthy donors who contribute significant sums.