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HF 3053

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/03/2022 03:30pm

KEY: stricken = removed, old language.
underscored = added, new language.
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Engrossments
Introduction Posted on 02/03/2022

Current Version - as introduced

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A bill for an act
 relating to campaign finance; decreasing threshold for registration; amending
Minnesota Statutes 2020, section 10A.14, subdivision 1.

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

Section 1.

Minnesota Statutes 2020, section 10A.14, subdivision 1, is amended to read:


Subdivision 1.

First registration.

(a) The treasurer of a political committee, political
fund, principal campaign committee, or party unit must register with the board by filing a
registration statement. The registration statement must be filed by the earliest of the following
dates:

(1) no later than 14 days after the committee, fund, or party unit has made a contribution,
received contributions, or made expenditures in excess of deleted text begin $750deleted text end new text begin $200new text end ;

(2) no later than the next report of receipts and expenditures filing date applicable to the
committee, fund, or party unit if the committee, fund, or party unit reached the threshold in
clause (1) before the end of the reporting period covered by that report; or

(3) by the end of the next business day after it has received a loan or contribution that
must be reported under section 10A.20, subdivision 5.

(b) This subdivision does not apply to ballot question or independent expenditure political
committees or funds, which are subject to subdivision 1a.