Minnesota 2025-2026 Regular Session

Minnesota Senate Bill SF1774 Latest Draft

Bill / Introduced Version Filed 02/20/2025

                            1.1	A bill for an act​
1.2 relating to campaign finance; requiring disclosure of contributors who contribute​
1.3 less than $200 who live outside the area represented by the candidate; amending​
1.4 Minnesota Statutes 2024, section 10A.20, subdivision 3.​
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.6 Section 1. Minnesota Statutes 2024, section 10A.20, subdivision 3, is amended to read:​
1.7 Subd. 3.Contents of report.(a) The report required by this section must include each​
1.8of the items listed in paragraphs (b) to (q) that are applicable to the filer. The board shall​
1.9prescribe forms based on filer type indicating which of those items must be included on the​
1.10filer's report.​
1.11 (b) The report must disclose the amount of liquid assets on hand at the beginning of the​
1.12reporting period.​
1.13 (c) The report must disclose the name, address, employer, or occupation if self-employed,​
1.14and registration number if registered with the board, of each individual or association that​
1.15has made one or more contributions to the reporting entity, including the purchase of tickets​
1.16for a fundraising effort, that in aggregate within the year exceed $200 for legislative or​
1.17statewide candidates or more than $500 for ballot questions, together with the amount and​
1.18date of each contribution, and the aggregate amount of contributions within the year from​
1.19each source so disclosed. For legislative and statewide candidates, the report must disclose​
1.20the identifying information for each individual or association that has made one or more​
1.21contributions to the reporting entity, including the purchase of tickets for a fundraising​
1.22effort, except if the individual or association resides or is located in the area represented by​
1.23the candidate, the report must only include identifying information for an individual or​
1​Section 1.​
25-03126 as introduced​02/03/25 REVISOR JFK/ES​
SENATE​
STATE OF MINNESOTA​
S.F. No. 1774​NINETY-FOURTH SESSION​
(SENATE AUTHORS: KORAN, Mathews, Bahr, Limmer and Lucero)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​02/24/2025​
Referred to Elections​ 2.1association if the individual or association, in aggregate within the year, exceeds more than​
2.2$200. For ballot questions, the report must disclose the identifying information for each​
2.3individual or association that has made one or more contributions to the reporting entity,​
2.4including the purchase of tickets for a fundraising effort, that in aggregate exceed more than​
2.5$500. The report must include the amount and date of each contribution and the aggregate​
2.6amount of contributions within the year from each disclosed source. For purposes of this​
2.7paragraph, "identifying information" means the name, address, employer or occupation if​
2.8self-employed, and registration number if registered with the board. A donation in kind​
2.9must be disclosed at its fair market value. An approved expenditure must be listed as a​
2.10donation in kind. A donation in kind is considered consumed in the reporting period in​
2.11which it is received. The names of contributors must be listed in alphabetical order.​
2.12Contributions from the same contributor must be listed under the same name. When a​
2.13contribution received from a contributor in a reporting period is added to previously reported​
2.14unitemized contributions from the same contributor and the aggregate exceeds the disclosure​
2.15threshold of this paragraph, the name, address, and employer, or occupation if self-employed,​
2.16of the contributor must then be listed on the report.​
2.17 (d) The report must disclose the sum of contributions to the reporting entity during the​
2.18reporting period.​
2.19 (e) The report must disclose each loan made or received by the reporting entity within​
2.20the year in aggregate in excess of $200, continuously reported until repaid or forgiven,​
2.21together with the name, address, occupation, principal place of business, if any, and​
2.22registration number if registered with the board of the lender and any endorser and the date​
2.23and amount of the loan. If a loan made to the principal campaign committee of a candidate​
2.24is forgiven or is repaid by an entity other than that principal campaign committee, it must​
2.25be reported as a contribution for the year in which the loan was made.​
2.26 (f) The report must disclose each receipt over $200 during the reporting period not​
2.27otherwise listed under paragraphs (c) to (e).​
2.28 (g) The report must disclose the sum of all receipts of the reporting entity during the​
2.29reporting period.​
2.30 (h) The report must disclose the name, address, and registration number if registered​
2.31with the board of each individual or association to whom aggregate expenditures, approved​
2.32expenditures, independent expenditures, and ballot question expenditures have been made​
2.33by or on behalf of the reporting entity within the year in excess of $200, together with the​
2.34amount, date, and purpose of each expenditure, including an explanation of how the​
2​Section 1.​
25-03126 as introduced​02/03/25 REVISOR JFK/ES​ 3.1expenditure was used, and the name and address of, and office sought by, each candidate​
3.2or local candidate on whose behalf the expenditure was made, identification of the ballot​
3.3question that the expenditure was intended to promote or defeat and an indication of whether​
3.4the expenditure was to promote or to defeat the ballot question, and in the case of independent​
3.5expenditures made in opposition to a candidate or local candidate, the candidate's or local​
3.6candidate's name, address, and office sought. A reporting entity making an expenditure on​
3.7behalf of more than one candidate or local candidate must allocate the expenditure among​
3.8the candidates and local candidates on a reasonable cost basis and report the allocation for​
3.9each candidate or local candidate. The report must list on separate schedules any independent​
3.10expenditures made on behalf of local candidates and any expenditures made for ballot​
3.11questions as defined in section 10A.01, subdivision 7, clause (2), (3), or (4).​
3.12 (i) The report must disclose the sum of all expenditures made by or on behalf of the​
3.13reporting entity during the reporting period.​
3.14 (j) The report must disclose the amount and nature of an advance of credit incurred by​
3.15the reporting entity, continuously reported until paid or forgiven. If an advance of credit​
3.16incurred by the principal campaign committee of a candidate is forgiven by the creditor or​
3.17paid by an entity other than that principal campaign committee, it must be reported as a​
3.18donation in kind for the year in which the advance of credit was made.​
3.19 (k) The report must disclose the name, address, and registration number if registered​
3.20with the board of each political committee, political fund, principal campaign committee,​
3.21local candidate, or party unit to which contributions have been made that aggregate in excess​
3.22of $200 within the year and the amount and date of each contribution. The report must list​
3.23on separate schedules any contributions made to state candidates' principal campaign​
3.24committees and any contributions made to local candidates.​
3.25 (l) The report must disclose the sum of all contributions made by the reporting entity​
3.26during the reporting period and must separately disclose the sum of all contributions made​
3.27to local candidates by the reporting entity during the reporting period.​
3.28 (m) The report must disclose the name, address, and registration number if registered​
3.29with the board of each individual or association to whom noncampaign disbursements have​
3.30been made that aggregate in excess of $200 within the year by or on behalf of the reporting​
3.31entity and the amount, date, and purpose of each noncampaign disbursement, including an​
3.32explanation of how the expenditure was used.​
3.33 (n) The report must disclose the sum of all noncampaign disbursements made within​
3.34the year by or on behalf of the reporting entity.​
3​Section 1.​
25-03126 as introduced​02/03/25 REVISOR JFK/ES​ 4.1 (o) The report must disclose the name and address of a nonprofit corporation that provides​
4.2administrative assistance to a political committee or political fund as authorized by section​
4.3211B.15, subdivision 17, the type of administrative assistance provided, and the aggregate​
4.4fair market value of each type of assistance provided to the political committee or political​
4.5fund during the reporting period.​
4.6 (p) Legislative, statewide, and judicial candidates, party units, and political committees​
4.7and funds must itemize contributions that in aggregate within the year exceed $200 for​
4.8legislative or statewide candidates or more than $500 for ballot questions on reports submitted​
4.9to the board. The itemization must include the date on which the contribution was received,​
4.10the individual or association that provided the contribution, and the address of the contributor.​
4.11Additionally, the itemization for a donation in kind must provide a description of the item​
4.12or service received. Contributions that are less than the itemization amount must be reported​
4.13as an aggregate total.​
4.14 (q) Legislative, statewide, and judicial candidates, party units, political committees and​
4.15funds, and committees to promote or defeat a ballot question must itemize expenditures and​
4.16noncampaign disbursements that in aggregate exceed $200 in a calendar year on reports​
4.17submitted to the board. The itemization must include the date on which the committee made​
4.18or became obligated to make the expenditure or disbursement, the name and address of the​
4.19vendor that provided the service or item purchased, and a description of the service or item​
4.20purchased, including an explanation of how the expenditure was used. Expenditures and​
4.21noncampaign disbursements must be listed on the report alphabetically by vendor.​
4​Section 1.​
25-03126 as introduced​02/03/25 REVISOR JFK/ES​