| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to campaign finance; requiring disclosure of contributors who contribute |
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| 3 | 3 | | 1.3 less than $200 who live outside the area represented by the candidate; amending |
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| 4 | 4 | | 1.4 Minnesota Statutes 2024, section 10A.20, subdivision 3. |
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| 5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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| 6 | 6 | | 1.6 Section 1. Minnesota Statutes 2024, section 10A.20, subdivision 3, is amended to read: |
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| 7 | 7 | | 1.7 Subd. 3.Contents of report.(a) The report required by this section must include each |
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| 8 | 8 | | 1.8of the items listed in paragraphs (b) to (q) that are applicable to the filer. The board shall |
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| 9 | 9 | | 1.9prescribe forms based on filer type indicating which of those items must be included on the |
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| 10 | 10 | | 1.10filer's report. |
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| 11 | 11 | | 1.11 (b) The report must disclose the amount of liquid assets on hand at the beginning of the |
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| 12 | 12 | | 1.12reporting period. |
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| 13 | 13 | | 1.13 (c) The report must disclose the name, address, employer, or occupation if self-employed, |
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| 14 | 14 | | 1.14and registration number if registered with the board, of each individual or association that |
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| 15 | 15 | | 1.15has made one or more contributions to the reporting entity, including the purchase of tickets |
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| 16 | 16 | | 1.16for a fundraising effort, that in aggregate within the year exceed $200 for legislative or |
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| 17 | 17 | | 1.17statewide candidates or more than $500 for ballot questions, together with the amount and |
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| 18 | 18 | | 1.18date of each contribution, and the aggregate amount of contributions within the year from |
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| 19 | 19 | | 1.19each source so disclosed. For legislative and statewide candidates, the report must disclose |
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| 20 | 20 | | 1.20the identifying information for each individual or association that has made one or more |
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| 21 | 21 | | 1.21contributions to the reporting entity, including the purchase of tickets for a fundraising |
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| 22 | 22 | | 1.22effort, except if the individual or association resides or is located in the area represented by |
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| 23 | 23 | | 1.23the candidate, the report must only include identifying information for an individual or |
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| 24 | 24 | | 1Section 1. |
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| 25 | 25 | | 25-03126 as introduced02/03/25 REVISOR JFK/ES |
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| 26 | 26 | | SENATE |
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| 27 | 27 | | STATE OF MINNESOTA |
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| 28 | 28 | | S.F. No. 1774NINETY-FOURTH SESSION |
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| 29 | 29 | | (SENATE AUTHORS: KORAN, Mathews, Bahr, Limmer and Lucero) |
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| 30 | 30 | | OFFICIAL STATUSD-PGDATE |
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| 31 | 31 | | Introduction and first reading02/24/2025 |
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| 32 | 32 | | Referred to Elections 2.1association if the individual or association, in aggregate within the year, exceeds more than |
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| 33 | 33 | | 2.2$200. For ballot questions, the report must disclose the identifying information for each |
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| 34 | 34 | | 2.3individual or association that has made one or more contributions to the reporting entity, |
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| 35 | 35 | | 2.4including the purchase of tickets for a fundraising effort, that in aggregate exceed more than |
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| 36 | 36 | | 2.5$500. The report must include the amount and date of each contribution and the aggregate |
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| 37 | 37 | | 2.6amount of contributions within the year from each disclosed source. For purposes of this |
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| 38 | 38 | | 2.7paragraph, "identifying information" means the name, address, employer or occupation if |
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| 39 | 39 | | 2.8self-employed, and registration number if registered with the board. A donation in kind |
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| 40 | 40 | | 2.9must be disclosed at its fair market value. An approved expenditure must be listed as a |
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| 41 | 41 | | 2.10donation in kind. A donation in kind is considered consumed in the reporting period in |
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| 42 | 42 | | 2.11which it is received. The names of contributors must be listed in alphabetical order. |
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| 43 | 43 | | 2.12Contributions from the same contributor must be listed under the same name. When a |
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| 44 | 44 | | 2.13contribution received from a contributor in a reporting period is added to previously reported |
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| 45 | 45 | | 2.14unitemized contributions from the same contributor and the aggregate exceeds the disclosure |
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| 46 | 46 | | 2.15threshold of this paragraph, the name, address, and employer, or occupation if self-employed, |
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| 47 | 47 | | 2.16of the contributor must then be listed on the report. |
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| 48 | 48 | | 2.17 (d) The report must disclose the sum of contributions to the reporting entity during the |
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| 49 | 49 | | 2.18reporting period. |
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| 50 | 50 | | 2.19 (e) The report must disclose each loan made or received by the reporting entity within |
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| 51 | 51 | | 2.20the year in aggregate in excess of $200, continuously reported until repaid or forgiven, |
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| 52 | 52 | | 2.21together with the name, address, occupation, principal place of business, if any, and |
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| 53 | 53 | | 2.22registration number if registered with the board of the lender and any endorser and the date |
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| 54 | 54 | | 2.23and amount of the loan. If a loan made to the principal campaign committee of a candidate |
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| 55 | 55 | | 2.24is forgiven or is repaid by an entity other than that principal campaign committee, it must |
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| 56 | 56 | | 2.25be reported as a contribution for the year in which the loan was made. |
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| 57 | 57 | | 2.26 (f) The report must disclose each receipt over $200 during the reporting period not |
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| 58 | 58 | | 2.27otherwise listed under paragraphs (c) to (e). |
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| 59 | 59 | | 2.28 (g) The report must disclose the sum of all receipts of the reporting entity during the |
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| 60 | 60 | | 2.29reporting period. |
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| 61 | 61 | | 2.30 (h) The report must disclose the name, address, and registration number if registered |
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| 62 | 62 | | 2.31with the board of each individual or association to whom aggregate expenditures, approved |
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| 63 | 63 | | 2.32expenditures, independent expenditures, and ballot question expenditures have been made |
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| 64 | 64 | | 2.33by or on behalf of the reporting entity within the year in excess of $200, together with the |
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| 65 | 65 | | 2.34amount, date, and purpose of each expenditure, including an explanation of how the |
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| 66 | 66 | | 2Section 1. |
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| 67 | 67 | | 25-03126 as introduced02/03/25 REVISOR JFK/ES 3.1expenditure was used, and the name and address of, and office sought by, each candidate |
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| 68 | 68 | | 3.2or local candidate on whose behalf the expenditure was made, identification of the ballot |
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| 69 | 69 | | 3.3question that the expenditure was intended to promote or defeat and an indication of whether |
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| 70 | 70 | | 3.4the expenditure was to promote or to defeat the ballot question, and in the case of independent |
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| 71 | 71 | | 3.5expenditures made in opposition to a candidate or local candidate, the candidate's or local |
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| 72 | 72 | | 3.6candidate's name, address, and office sought. A reporting entity making an expenditure on |
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| 73 | 73 | | 3.7behalf of more than one candidate or local candidate must allocate the expenditure among |
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| 74 | 74 | | 3.8the candidates and local candidates on a reasonable cost basis and report the allocation for |
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| 75 | 75 | | 3.9each candidate or local candidate. The report must list on separate schedules any independent |
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| 76 | 76 | | 3.10expenditures made on behalf of local candidates and any expenditures made for ballot |
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| 77 | 77 | | 3.11questions as defined in section 10A.01, subdivision 7, clause (2), (3), or (4). |
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| 78 | 78 | | 3.12 (i) The report must disclose the sum of all expenditures made by or on behalf of the |
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| 79 | 79 | | 3.13reporting entity during the reporting period. |
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| 80 | 80 | | 3.14 (j) The report must disclose the amount and nature of an advance of credit incurred by |
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| 81 | 81 | | 3.15the reporting entity, continuously reported until paid or forgiven. If an advance of credit |
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| 82 | 82 | | 3.16incurred by the principal campaign committee of a candidate is forgiven by the creditor or |
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| 83 | 83 | | 3.17paid by an entity other than that principal campaign committee, it must be reported as a |
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| 84 | 84 | | 3.18donation in kind for the year in which the advance of credit was made. |
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| 85 | 85 | | 3.19 (k) The report must disclose the name, address, and registration number if registered |
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| 86 | 86 | | 3.20with the board of each political committee, political fund, principal campaign committee, |
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| 87 | 87 | | 3.21local candidate, or party unit to which contributions have been made that aggregate in excess |
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| 88 | 88 | | 3.22of $200 within the year and the amount and date of each contribution. The report must list |
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| 89 | 89 | | 3.23on separate schedules any contributions made to state candidates' principal campaign |
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| 90 | 90 | | 3.24committees and any contributions made to local candidates. |
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| 91 | 91 | | 3.25 (l) The report must disclose the sum of all contributions made by the reporting entity |
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| 92 | 92 | | 3.26during the reporting period and must separately disclose the sum of all contributions made |
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| 93 | 93 | | 3.27to local candidates by the reporting entity during the reporting period. |
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| 94 | 94 | | 3.28 (m) The report must disclose the name, address, and registration number if registered |
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| 95 | 95 | | 3.29with the board of each individual or association to whom noncampaign disbursements have |
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| 96 | 96 | | 3.30been made that aggregate in excess of $200 within the year by or on behalf of the reporting |
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| 97 | 97 | | 3.31entity and the amount, date, and purpose of each noncampaign disbursement, including an |
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| 98 | 98 | | 3.32explanation of how the expenditure was used. |
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| 99 | 99 | | 3.33 (n) The report must disclose the sum of all noncampaign disbursements made within |
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| 100 | 100 | | 3.34the year by or on behalf of the reporting entity. |
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| 101 | 101 | | 3Section 1. |
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| 102 | 102 | | 25-03126 as introduced02/03/25 REVISOR JFK/ES 4.1 (o) The report must disclose the name and address of a nonprofit corporation that provides |
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| 103 | 103 | | 4.2administrative assistance to a political committee or political fund as authorized by section |
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| 104 | 104 | | 4.3211B.15, subdivision 17, the type of administrative assistance provided, and the aggregate |
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| 105 | 105 | | 4.4fair market value of each type of assistance provided to the political committee or political |
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| 106 | 106 | | 4.5fund during the reporting period. |
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| 107 | 107 | | 4.6 (p) Legislative, statewide, and judicial candidates, party units, and political committees |
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| 108 | 108 | | 4.7and funds must itemize contributions that in aggregate within the year exceed $200 for |
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| 109 | 109 | | 4.8legislative or statewide candidates or more than $500 for ballot questions on reports submitted |
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| 110 | 110 | | 4.9to the board. The itemization must include the date on which the contribution was received, |
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| 111 | 111 | | 4.10the individual or association that provided the contribution, and the address of the contributor. |
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| 112 | 112 | | 4.11Additionally, the itemization for a donation in kind must provide a description of the item |
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| 113 | 113 | | 4.12or service received. Contributions that are less than the itemization amount must be reported |
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| 114 | 114 | | 4.13as an aggregate total. |
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| 115 | 115 | | 4.14 (q) Legislative, statewide, and judicial candidates, party units, political committees and |
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| 116 | 116 | | 4.15funds, and committees to promote or defeat a ballot question must itemize expenditures and |
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| 117 | 117 | | 4.16noncampaign disbursements that in aggregate exceed $200 in a calendar year on reports |
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| 118 | 118 | | 4.17submitted to the board. The itemization must include the date on which the committee made |
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| 119 | 119 | | 4.18or became obligated to make the expenditure or disbursement, the name and address of the |
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| 120 | 120 | | 4.19vendor that provided the service or item purchased, and a description of the service or item |
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| 121 | 121 | | 4.20purchased, including an explanation of how the expenditure was used. Expenditures and |
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| 122 | 122 | | 4.21noncampaign disbursements must be listed on the report alphabetically by vendor. |
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| 123 | 123 | | 4Section 1. |
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| 124 | 124 | | 25-03126 as introduced02/03/25 REVISOR JFK/ES |
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