Bill > SF1555

This bill amends Minnesota's campaign reporting requirements to create more comprehensive disclosure of financial contributions for legislative, statewide, and ballot question campaigns. Specifically, the bill removes previous monetary thresholds that limited reporting, meaning all contributions—regardless of amount—must now be disclosed for legislative and statewide candidates and ballot questions. The bill requires detailed reporting of each contribution, including the contributor's name, address, employer or occupation, and the date and amount of the contribution. Contributors must be listed alphabetically, and when contributions from a single source accumulate over time to exceed previous thresholds, the contributor's full details must be reported. The amendment also mandates that donations in kind (non-monetary contributions) be valued at their fair market value and reported in the period they are received. Additionally, the bill requires itemized reporting of expenditures over $200, including details about the vendor, date, purpose, and how the expenditure was used. These changes aim to increase transparency in campaign financing by requiring more comprehensive and granular financial disclosures from political candidates, committees, and ballot question campaigns.

Government Affairs

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1555&ssn=0&y=2025