The bill amends Minnesota Statutes 2022, section 290.06, subdivision 23, to increase the maximum refund allowed under the political contribution refund program. Specifically, it raises the maximum refund for individual taxpayers from $50 to $200. The bill maintains the requirement that taxpayers must file a claim with the commissioner and provide an official refund receipt from the candidate or political party to qualify for the refund. Additionally, it stipulates that no refund is permitted for contributions to candidates who do not meet certain criteria, such as signing an agreement to limit campaign expenditures.

Furthermore, the bill includes provisions for the commissioner to accept electronic documentation of contributions for taxpayers filing claims online. It also establishes that the data collected regarding individuals claiming refunds and their contributions will be private, while a summary of total refunds will be reported publicly. The effective date of the changes is retroactively set to January 1, 2023, applying to refunds for contributions made in the calendar year 2023 and thereafter.

Statutes affected:
Introduction: 290.06