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Record-Keeping Requirements for PACs
The treasurer of a PAC must keep records of all contributions greater than $50, including the name and mailing address of the contributor, and date and amount of the contribution.
For individuals contributing over $50, the PAC must also keep a record of the occupation and employer of the contributor. If the PAC has made a good-faith effort to obtain the information but is unable to obtain it from the contributor, the PAC should indicate "information requested" on the PAC's campaign finance report.
The PAC's treasurer must also keep a record of all expenditures made to or in behalf of a candidate, campaign or committee, and must retain all vendor invoices or receipts of expenditures over $50 made to or for a candidate, committee or campaign in the State of Maine. Receipts may be in the form of cancelled checks.
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