Md. Code Ann., Elec. Law § 15-107
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2022
As of January 1, 2019
(a) A public contribution may be spent only:
(1) in accordance with § 13–218 of this article;
(2) to further the gubernatorial ticket’s nomination or election;
(3) for expenses incurred not later than 30 days after the election for which the public contribution was made; and
(4) for purposes that do not violate State law.
(b) An eligible gubernatorial ticket may not make:
(1) a transfer; or
(2) an expenditure relating to fundraising activity by any other political committee organized under this article.
(c) (1) Any part of a public contribution that is not spent shall be repaid to the Comptroller for redeposit in the Fund not later than 60 days after the election for which the public contribution was made.
(2) In computing whether part of a public contribution is not spent, all private contributions to the gubernatorial ticket shall be treated as spent before the expenditure of any of the public contribution.
(d) The members of a gubernatorial ticket and the responsible officers of its campaign finance entity are jointly and severally personally liable for repaying to the Comptroller any part of a public contribution that is not spent or that was spent in violation of subsection (a) of this section.
(a) (1) In accordance with subsection (c) of this section and regulations adopted by the State Board, the State Board shall authorize distribution of money in the Fund on a continuing basis on certification that the qualifications under § 15–104 of this title have been met.
(2) Distributions shall begin not earlier than January 1 of the year of the election.
(b) If the State Board determines that there is not, or may not be, sufficient money in the Fund to provide a full public contribution to all eligible gubernatorial tickets, the State Board shall allocate the available money so that each eligible gubernatorial ticket in that election receives a proportionate share of the full public contribution to which the gubernatorial ticket otherwise would be entitled.
(c) (1) The State Board shall authorize distribution of the money that is designated for distribution as provided in this subsection.
(2) The State Board shall distribute a public contribution from the Fund to each gubernatorial ticket during the distribution period in matching dollars equal to:
(i) $8 for each dollar of an eligible private contribution received for the first $50 of each eligible private contribution;
(ii) $6 for each dollar of an eligible private contribution received for the second $50 of each eligible private contribution;
(iii) $2 for each dollar of an eligible private contribution received for the third $50 of each eligible private contribution; and
(iv) $0 for each dollar of an eligible private contribution received for the remaining $100 of each eligible private contribution.
(3) The total public contribution payable to a gubernatorial ticket for either a primary or general election may not exceed $3,000,000.
(4) The State Board may not distribute matching dollars from the Fund to a gubernatorial ticket for:
(i) a contribution or loans from the gubernatorial ticket or the spouse of a member of the gubernatorial ticket; or
(ii) an in–kind contribution of property, goods, or services.
(5) A gubernatorial ticket that is unopposed in a primary election shall receive one–third of the public contribution amount the gubernatorial ticket would otherwise be entitled to receive.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.