An Act To Modify the Financial Disclosure Requirements for a Governor-elect
Maine Legislature, Session 129, LD 1871
Committee Amendment CA_A_S376 (Senate)

COMMITTEE AMENDMENT "(t " to S.P. 643, L.D. 1871, Bill, "An Act To 
Modify the Financial Disclosure Requirements for a Governor-elect" 
Amend the bill in section 1 in § 1051 in subsection 3 in paragraph E in the last line 
(page 2, line 14 in L.D.) by inserting after the following: "funds" the following: 'and 
satisfies all debts and loans' 
Amend the bill in section 1 in §1051 by striking out all of subsection 9 (page 3, lines 
to 11 in L.D.) and inserting the following: 
'9. Enforcement and penalty. The commission shall administer and enforce this 
subchapter. A person who violates this subchapter is subject to a civil penalty not to 
exceed $10,000, payable to the State and recoverable in a civil action. In assessing a civil 
penalty under this subsection, the commission shall consider, among other things, 
whether the person made a bona fide effort to comply with the requirements of this 
section, whether the violation occurred as the result of an error by a vendor, consultant or 
other party outside the control of the person and whether evidence is present that the 
person intended to conceal or misrepresent its financial activities.' 
Amend the bill by relettering or renumbering any nonconsecutive Part letter or 
section number to read consecutively. 
SUMMARY 
This amendment, which is the majority report of the committee, clarifies that a 
committee established to finance a Governor-elect's transition to office and inauguration 
must file financial disclosure statements with the Commission on Governmental Ethics 
and Election Practices until it not only disposes of all surplus funds but also satisfies all 
outstanding debts and loans. 
The amendment also clarifies that, when the Commission on Governmental Ethics 
and Election Practices decides whether to assess a penalty for violations of the law 
governing transition committees, it must consider the factors established in the bill both 
when the violation was committed by the transition committee and the penalty will be 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT" j\ "to S.P. 643, L.D. 1871 ("'i ; ; /Co) 
I 
assessed against the committee and when the violation was committed by another person 
and the penalty will be assessed against that person. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 01/21/20 P?ac 
LD 1871 
LR 2937(02) 
An Act To Modify the Financial Disclosure Requirements for a Governor-elect 
Fiscal Note for Bill as Amended by Committee Amendment '~" ( 'y Sll!l) 
Committee: Veterans and Legal Affairs 
Fiscal Note Required: Yes 
Fiscal Note 
Minor cost increase - Other Special Revenue Funds 
Fiscal Detail and Notes 
Any additional costs to the Commission on Governmental Ethics and Election Practices resulting from changes to the 
financial reporting requirements for committees established to finance a Governor-elect's transition into office or to 
what factors the Commission must consider when assessing penalties for violations of the laws governing transition 
committees, are anticipated to be minor and can be absorbed within existing budgeted resources. 
LR2937(02) - Fiscal Note - Page 1 of 1