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Bill to ban corporate contributions to candidates draws support and opposition at hearing
Summary
LD 1350 would ban direct corporate contributions to candidates. Supporters said the change would reduce corporate influence; opponents argued it would conflict with U.S. Supreme Court precedent and urged alternative reforms. Committee requested a list of states with similar bans.
Sen. Mike Tipping (D‑Penobscot) presented LD 1350, a bill to ban direct corporate contributions to candidates for state office. Tipping said the proposal is a narrow reform to stop corporate treasuries from giving directly to candidate campaigns while preserving individuals'free speech and contribution rights.
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