SF 2288

Introduction - 85th Legislature (2007 - 2008)

Posted on 12/15/2009 12:00 a.m.

A bill for an act
relating to elections; extending the time to deposit or return a campaign
contribution; amending Minnesota Statutes 2006, section 10A.15, subdivision 3.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2006, section 10A.15, subdivision 3, is amended to read:

Subd. 3.

Deposit.

All contributions received by or on behalf of a candidate,
principal campaign committee, political committee, political fund, or party unit must
be deposited in an account designated "Campaign Fund of ..... (name of candidate,
committee, fund, or party unit)." All contributions must be deposited promptly upon
receipt and, except for contributions received during the last three days of a reporting
period as described in section 10A.20, must be deposited during the reporting period
in which they were received. A contribution received during the last three days of a
reporting period must be deposited within 72 hours after receipt and must be reported
as received during the reporting period whether or not deposited within that period. A
candidate, principal campaign committee, political committee, political fund, or party unit
may refuse to accept a contribution. A deposited contribution may be returned to the
contributor within deleted text begin 60 deleted text end new text begin 90 new text end days after deposit. A contribution deposited and not returned
within deleted text begin 60 deleted text end new text begin 90 new text end days after that deposit must be reported as accepted.