Maine LD 58: An Act To Require Transparency of the Ownership of All Companies Providing Funds To Build Infrastructure for Development Purposes

LD 58 (subjects: BUSINESS ORGANIZATIONS , LIMITED LIABILITY COMPANIES )

Official bill page at mainelegislature.org: http://www.mainelegislature.org/legis/bills/display_ps.asp?ld=58&PID=1456&snum=127


Sponsors | Actions | Bill Text | Patterns of Support


Sponsors

Principal Sponsor: Rep. Thomas Longstaff of Waterville: (D – District 109) — e-mail | Facebook

8 Cosponsors:

Actions

Chamber

Action
1/14/2015 House Committee on Judiciary suggested and ordered printed.
The Bill was REFERRED to the Committee on JUDICIARY.
Sent for concurrence. ORDERED SENT FORTHWITH.
1/20/2015 Senate On motion by Senator Burns of Washington, REFERRED to the Committee on Judiciary, in concurrence.
3/19/2015 House Reports READ.
On motion of Representative HOBBINS of Saco, the Majority Ought Not to Pass Report was ACCEPTED.
Sent for concurrence. ORDERED SENT FORTHWITH.
3/24/2015 Senate Reports READ.
On motion by Senator BURNS of Washington the Majority Ought Not to Pass Report ACCEPTED, in concurrence.
Placed in the Legislative Files (DEAD).

Bill Text

.

An Act To Require Transparency of the Ownership of All Companies Providing Funds To Build Infrastructure for Development Purposes

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 5 MRSA c. 167 is enacted to read:

CHAPTER 167

TRANSPARENCY IN PRIVATE FUNDING OF INFRASTRUCTURE FOR DEVELOPMENT PURPOSES

2041. Private entity ownership information

1. Ownership information. Before a private entity enters into an agreement with a state agency or other governmental entity to provide funding for the construction of infrastructure for development purposes, the private entity must provide complete information about the ownership of the private entity to the state agency or other governmental entity for immediate release to the public. Information in possession of the state agency or other governmental entity about the ownership of the private entity is a public record for the purposes of Title 1, chapter 13, subchapter 1.
2. Application. This chapter applies to all construction of infrastructure for development purposes, including but not limited to transportation-related services and contracts for construction and maintenance that, by law, are under the supervision of the Department of Transportation.

SUMMARY

This bill requires a private entity to provide complete information about the ownership of that entity before it enters into an agreement with a governmental entity to provide funding for the construction of infrastructure for development purposes. The information must be provided to the governmental entity, which shall immediately release that information to the public. Information about such private entities is a public record for the purpose of the Freedom of Access Act.

This bill applies to all construction of infrastructure for development purposes, including contracts that the Department of Transportation supervises.

Patterns of Support

Pattern of Cosponsorship by Region:

Pattern of Cosponsorship by Gender:

Pattern of Cosponsorship by Party:

Pattern of Cosponsorship by Campaign Finance Classification:

Note: Maine Clean Elections Act (MCEA) Qualified candidates only accept a small dollar value of initial contributions early in their campaigns, pledge not to accept further campaign contributions from private sources, and receive public funding for their campaigns. MCEA Non-Qualified candidates choose not to obtain public funding and instead are free to accept campaign contributions from individuals, party committees, political action committees and business sources.


This information about LD 58 was last updated on 2016-05-12.
The Open Maine Politics website is in a beta release and results should not be taken as definitive. Please visit the official website of the Maine State Legislature for entirely verifiable information.

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