Corporations use political contributions to tip the playing field in their favor. That's not fair. It’s not good for the economy and it’s not good for democracy. Mainers deserve the confidence that their representatives listen to them, not corporate special interests. Our bill, LD 1417, was signed into law on June 17, 2021! Read our testimony here.
WHO CAN GIVE UNDER THE NEW CORPORATE CONTRIBUTION BAN?
Below, we have represented our data in various ways that highlight what candidates, Caucus PACs, Leadership PACs, and Party Committees receive from all sources versus commercial and corporate sources.
This data shows what recipients have received based on political party from commerical sources.
*Note: It is up to the political parties to self-report these numbers.
Why it matters
More than a third of money raised by legislator-controlled PACs comes from corporate sources. The majority of spending in the 2020 election cycle, including referendums, came from corporate sources, including some from foreign-owned companies.
Money in politics goes beyond just spending in an election cycle. It can affect legislation and progress on a number of issues that come up in a legislative session. You can check out our webinars that discuss how money in politics shape tax policy (which affects your life) and environmental policy (which also affects your life.)
Federal law and 22 other states prohibit corporate contributions to candidates. Maine is lagging behind. It’s time for us to show leadership again.
Money in Politics Report #16: Corporate Contributions
Since the landmark Citizens United decision in 2010, politicians and activists alike have denounced the rise of big money — and corporate money — in American politics. Corporate influence in the electoral process can overpower the voices of voters and warp the legislative process.
Corporate Contribution Ban Info Session: Looking to get involved in limiting the influence of money in Maine politics? Check out this info session about our Corporate Contribution Ban, a bill to prohibit corporations from donating to campaigns, leadership PACs, and caucus PACs in Maine. We discuss what the bill aims to achieve, what is included in the bill, and what steps you can take to help advocate for it to pass this legislative session.