as introduced - 90th Legislature (2017 - 2018) Posted on 03/07/2017 12:56pm
Engrossments | ||
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Introduction | Posted on 03/07/2017 |
A bill for an act
relating to campaign finance; providing requirements related to the sale of goods
or services by a political committee; amending Minnesota Statutes 2016, section
10A.27, by adding a subdivision.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2016, section 10A.27, is amended by adding a subdivision
to read:
new text begin
Proceeds from the sale
of goods or services by a political committee must be reported as a contribution to that
committee, as provided in section 10A.13. A political committee may not use proceeds from
the sale of goods or services to make a contribution to a principal campaign committee, a
party unit, or a political committee or political fund, unless the political committee or political
fund makes only independent expenditures and disbursements permitted under section
10A.121, subdivision 1. A political committee selling goods or services must disclose to
each purchaser, prior to a sale, that proceeds may be used to make a contribution to an
independent expenditure political committee or fund, or may be used by the committee for
other political purposes as authorized by law.
new text end