The bill amends Minnesota Statutes 2024, section 10A.20, subdivision 3, to enhance transparency in campaign finance by requiring the disclosure of contributors who contribute less than $200 but reside outside the area represented by the candidate. The new legal language specifies that for legislative and statewide candidates, identifying information must be disclosed for contributors who exceed $200 in aggregate contributions within the year, while those residing in the candidate's area are exempt from this requirement unless they surpass the $200 threshold. For ballot questions, the same disclosure applies for contributions exceeding $500.

Additionally, the bill removes previous language that mandated the disclosure of all contributors who made contributions exceeding $200, regardless of their location. The revised reporting requirements aim to streamline the process while ensuring that significant contributions from outside the candidate's area are still reported, thereby promoting accountability in campaign financing. The bill maintains the necessity for detailed reporting of contributions, loans, and expenditures, ensuring that all financial activities related to campaign funding are transparent and accessible.

Statutes affected:
Introduction: 10A.20