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PARRIS N. GLENDENING, Governor
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Ch. 291
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(B) OFFICERS, DIRECTORS, AND PARTNERS.
EXCEPT AS PROVIDED IN SUBSECTION (E) OF THIS SECTION, EACH OFFICER,
DIRECTOR, OR PARTNER OF A BUSINESS ENTITY WHO MAKES OR CAUSES TO BE
MADE A CONTRIBUTION SHALL REPORT THE CONTRIBUTION TO THE CHIEF
EXECUTIVE OFFICER OF THE BUSINESS ENTITY.
(C) EMPLOYEES, AGENTS, AND OTHER AFFILIATED PERSONS.
EACH EMPLOYEE, AGENT, OR OTHER PERSON WHO, AT THE SUGGESTION OR
DIRECTION OF A BUSINESS ENTITY, MAKES A CONTRIBUTION OR CAUSES A
CONTRIBUTION TO BE MADE, SHALL REPORT THE CONTRIBUTION TO THE CHIEF
EXECUTIVE OFFICER OF THE BUSINESS ENTITY.
(D) SUBSIDIARY BUSINESS ENTITIES.
(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) CONTRIBUTIONS MADE BY, CAUSED TO BE MADE BY, OR ATTRIBUTED
TO A SUBSIDIARY DESCRIBED IN PARAGRAPH (1) OF THIS SUBSECTION SHALL BE
ATTRIBUTED TO THE BUSINESS ENTITY.
(E) NOT-FOR-PROFIT ORGANIZATIONS.
(1) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION, A CONTRIBUTION
MADE BY AN INDIVIDUAL WHO SERVES AS A TRUSTEE OR MEMBER OF THE BOARD OF
DIRECTORS OF A NOT-FOR-PROFIT ORGANIZATION IS NOT ATTRIBUTABLE TO THE
ORGANIZATION, AND THE INDIVIDUAL IS NOT REQUIRED TO REPORT THE
CONTRIBUTION TO THE CHIEF EXECUTIVE OFFICER OF THE ORGANIZATION.
(2) THIS SUBSECTION DOES NOT APPLY IF:
(I) THE CONTRIBUTION IS MADE ON THE RECOMMENDATION OF
THE NOT-FOR-PROFIT ORGANIZATION; OR
(II) THE INDIVIDUAL DESCRIBED IN PARAGRAPH (1) OF THIS
SUBSECTION IS PAID BY THE NOT-FOR-PROFIT ORGANIZATION.
REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 33, §§ 14-103 and 14-101(h).
In this section, the reference to a "contribution" by an officer, director,
partner, employee, agent, etc., which must be reported to, and be
attributed to, a business entity, is revised to apply to all contributions -
and not merely applicable contributions (i.e., those contributions in excess
of $500) - made by each such officer, director, partner, employee, agent,
etc. The Election Law Article Review Committee presumes that this is the
intent of the General Assembly.
In subsection (a) of this section, the former requirement that certain
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- 2621 -
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