§ 11-14. Collecting qualifying contributions.

(a) In general.

Before raising any contributions under this subtitle, an applicant candidate must:

(1) file a notice of intent with the State Board in the manner that the State Board requires; and

(2) establish a publicly funded campaign account.

(b) Contribution limits.

(1) Except as otherwise provided in paragraph (2) of this subsection, an applicant candidate may not accept:

(i) an eligible contribution of more than $150 in the aggregate during an election; or

(ii) a loan.

(2) An applicant candidate may loan or contribute up to $6,000 during an election cycle from:

(i) the applicant candidate; or

(ii) the applicant candidate's spouse.

(c) Consumer Price Index adjustment.

(1) the contribution limit set forth in subsection (b)(1) of this section must be adjusted for the next election cycle on July 1, 2028, and July 1 of each subsequent fourth year by the percentage increase in the Baltimore-Columbia-Towson Consumer Price Index, as reported by the United States Department of Labor, rounded up by the nearest multiple of $10.

(2) The Director must publish this adjusted amount no later than the January 1 after the adjustment is made.