Bill Aims to Cap Cash Gifts to Pacs Would Limit Pac Donations [Corrected 03/06/07] ; State House: Had the Bill Been in Effect in 2005-06, $4.5 Million in Donations Would Have Been Banned.
Portland Press Herald › March 06, 2007
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Summary
More than one-third of the $12.8 million contributed to Maine political action committees during the last election cycle would have been banned under a bill before the Legislature that could reshape political fund-raising in the state, according to a newspaper analysis of campaign finance reports.
The bill, sponsored by House Speaker Glenn Cummings, D-Portland, would cap at $7,500 the amount donors could contribute to a political action committee during a two-year election cycle. It is one of several proposals lawmakers are considering to rein in the role of PACS, groups that raise and spend money to influence elections.See the full content of this document
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Bill Aims to Cap Cash Gifts to Pacs Would Limit Pac Donations [Corrected 03/06/07] ; State House: Had the Bill Been in Effect in 2005-06, $4.5 Million in Donations Would Have Been Banned.
Had the law been in place during the 2005-2006 campaign cycle, $4.5 million in contributions would have been outlawed, the majority of which came from out-of-state labor unions, corporations, political parties and other special interests, the Portland Press Herald/Maine Sunday Telegram analysis showed.
The amount is significant. Although Maine has a reputation as a national leader in campaign finance reform - more than 80 percent o...See the full content of this document
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