Bill > SF4147

This bill, effective July 1, 2026, redefines the powers of "legal entities" in Minnesota, which are defined as entities whose existence, legal status, or limited liability is granted by Minnesota law, including various types of corporations and foreign entities authorized to do business in the state, but excluding government entities. The bill revokes all previously granted powers of these legal entities and then regrants only "legal entity powers," which are defined as those necessary for lawful business, charitable, cooperative, or organizational purposes, explicitly excluding "political spending powers." Political spending powers are broadly defined to include any expenditure to support or oppose candidates, political parties, electioneering communications, or ballot measures, with an exception for bona fide news and commentary distributed through media outlets not controlled by political entities. Any existing organizational documents granting political spending powers are declared void, and any act by a legal entity exercising such powers is considered void from inception and cannot be ratified. If a legal entity violates these provisions, the Attorney General can petition the Secretary of State to administratively dissolve the entity, which can be reversed if the entity fully repays any money spent on political activities and certifies future compliance. The bill clarifies that it does not affect the constitutional rights of individuals, government entities, or existing lawful contracts.

Government Affairs, Justice

https://www.revisor.mn.gov/bills/94/2026/0/SF/4147/