3850                                                      VETOES

(d) No expenditure of cash may be made by any treasurer in
excess of $25 to any single recipient.]

[(e)] (C) The CANDIDATE, AND ANY CHAIRMAN OR TREASURER
ASSOCIATED WITH THE EXPENDITURE, [treasurer of a candidate, and
the candidate] are jointly and severally liable civilly and
criminally for any expenditure made [by the treasurer] in
violation of this section.

[(f) In a general election a political party may spend in
support of a candidate of the political party the greater of $250
or 1/4 cent per person for the population in the area from which
the candidate seeks to be elected in addition to the expenditure
limit set forth in subsection (a) of this section.]

[(g)] (D) Provisions in this section shall not be
applicable to any [primary or general] election held prior to
January 1, [1986] 1990.

31-4.

(a) (1) There is established the "Fair Campaign Financing

Fund" which shall be administered by the Comptroller in

accordance with the provisions of §§ 31-11 and 31-12 of this
article.

(2) The Comptroller shall credit to the fund all
money collected pursuant to these provisions.

(3) No disbursements may be made from the fund prior
to January 1, [1986] 1990.

[(b) The State Board shall divide the money in the fund as
follows;

(1) 25 percent to be available for campaigns for
statewide election;

(2) 40 percent to be available for campaigns for
election to the General Assembly;

(3) 35 percent to be available for campaigns for
election to any other office for which an expenditure limitation
is provided in § 31-3, except that money from the fund may not be
available to finance a publicly elected political party office.]

(B) SUBJECT TO THE OTHER REQUIREMENTS OF THIS SUBTITLE, THE
STATE BOARD SHALL DISTRIBUTE ONE-HALF OF THE MONEY IN THE FUND TO
ELIGIBLE CANDIDATES IN THE PRIMARY ELECTION AND THE REMAINING
MONEY IN THE FUND TO ELIGIBLE CANDIDATES IN THE GENERAL ELECTION.

(C) NO LATER THAN JANUARY 1, 1988, THE STATE ADMINISTRATOR
SHALL PROMULGATE COMPREHENSIVE REGULATIONS TO CARRY OUT THE
PURPOSES AND REQUIREMENTS OF THIS SUBTITLE. THE REGULATIONS
SHALL INCLUDE PROVISIONS REGARDING: