Maine Gov. Mills signed Legislative Document 1754 amending the state’s major contributor disclosure law.

The amendments exclude committees from the definition of major contributor and exclude certain funds from disclosure requirements.

Major contributors will no longer need to disclose funds restricted to non-campaign uses; derived from the major contributor’s regular trade, business, or investment income; and provided by a source that contributed no more than $5,000 to the major contributor during the relevant reporting period.

The law also clarifies the penalties associated with noncompliance and provides a mechanism to request a waiver of the penalties.

Legislative Document 1754 will take effect 90 days after the adjournment of the current legislative session.