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SF 2278 Senate Long Description

Modifying certain election campaign finance provisions; modifying the exclusion from the definition of campaign expenditure for the publishing or broadcasting of news items or editorial comments by the news media and excluding from the definition regularly published newsletters with limited circulation; creating a rebuttable presumption under the definition of independent expenditure and excluding certain expenditures from the definition; defining conduit fund and requiring registration of the funds with the state campaign finance and public disclosure board; requiring the inclusion of conduit funds and individuals authorized to accept contributions in political committee and fund statements of organization; expanding campaign reporting requirements to conduit funds and modifying certain report filing requirements; expanding reporting requirements for candidates signing spending limit agreements; modifying and expanding certain independent expenditure notice requirements; specifying reporting requirements of candidates not signing spending limit agreements; defining issue advertisement for reporting purposes; increasing the spending limits for candidates for constitutional office and the legislature and authorizing certain additional expenditures by principal campaign committees restricting acceptance of aggregate contributions; increasing the additional contribution limits, limiting aggregate contributions to candidates accepting public subsidies and modifying the exemption from bundling limits for the delivery of contributions collected by members of principal campaign committees; modifying the limit on contributions from political party units; eliminating the exception from certain funds transfer prohibitions for dissolved principal campaign committees; modifying the limits on contributions to other political committees or funds; prohibiting transfers between party units; modifying the designation of income tax payments to the state elections campaign fund; modifying the special election subsidy for legislative candidates and certain public subsidy agreement requirements, requiring principal campaign committee or party unit return to the board or destruction of unissued official receipt forms; changing match requirements to qualifying contributions; providing for payment by the board of clean money public subsidies to participating candidates, regulating campaign material claims; defining minor political party under the Minnesota election law; eliminating filing fee requirements for candidates for constitutional office and the legislature, requiring certain candidates to present a petition in place of the filing fee, specifying minimum signature requirements; imposing criminal penalties for certain campaign contribution or spending limit violations; prohibiting contribution refund claims for qualifying contributions and modifying the definition of political party for refund purposes; repealing certain provisions limiting campaign expenditures for primary races, regulating the qualification of political parties for the designation of income tax payments and the allocation of state elections campaign fund money to candidates and providing for certain public subsidy estimates (ra)