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ROBERT L. EHRLICH, JR., Governor
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Ch. 528
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Annotated Code of Maryland
(2003 Volume and 2004 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Election Law
14-105.
(a) Except as provided in subsection (f) of this section, an applicable
contribution made by an officer, director, or partner of a business entity doing public
business shall be attributed to the business entity.
(b) Except as provided in subsection (f) of this section, each officer, director, or
partner of a business entity doing public business who makes an applicable
contribution shall report the applicable contribution to the chief executive officer of
the business entity.
(c) A contribution by an officer, director, partner, employee, agent, or other
person made at the suggestion or direction of a business entity doing public business
shall be attributed to the business entity.
(d) Each officer, director, partner, employee, agent, or other person who, at the
suggestion or direction of a business entity doing public business, makes an
applicable contribution shall report the applicable contribution to the chief executive
officer of the business entity.
(e) (1) Business done with a governmental entity by a subsidiary of a
business entity shall be attributed to the business entity if 30% or more of the equity
of the subsidiary is owned or controlled by the business entity.
(2) Applicable contributions made by or attributed to a subsidiary
described in paragraph (1) of this subsection shall be attributed to the business entity.
(f) (1) IN THIS SUBSECTION, "OFFICER" HAS THE MEANING PRESCRIBED BY
REGULATION ADOPTED BY THE STATE BOARD UNDER § 15-715(G) OF THE STATE
GOVERNMENT ARTICLE:
(I) "OFFICER" MEANS AN INDIVIDUAL WHO SERVES AS AN
ORGANIZATION'S PRESIDENT OR CHAIRMAN, VICE-PRESIDENT OR VICE-CHAIRMAN,
SECRETARY, TREASURER OR EXECUTIVE DIRECTOR, OR ANY INDIVIDUAL
EXERCISING DUTIES COMPARABLE TO THOSE TYPICALLY EXERCISED BY AN
INDIVIDUAL HOLDING ONE OF THOSE TITLES IN A NOT-FOR-PROFIT ORGANIZATION:
AND
(II) "OFFICER" DOES NOT INCLUDE AN INDIVIDUAL HOLDING A
TITLE BUT NOT EXERCISING SUBSTANTIAL INDEPENDENT RESPONSIBILITY ON
BEHALF OF THE ORGANIZATION SIMILAR TO THE RESPONSIBILITY TYPICALLY
EXERCISED BY AN INDIVIDUAL HOLDING ONE OF THE TITLES UNDER ITEM (I) OF
THIS PARAGRAPH.
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[(1)] (2)
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Subject to paragraph [(2)] (3) of this subsection, an applicable
- 3099 -
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