The bill amends Minnesota Statutes 2024, section 10A.20, subdivision 3, to enhance the campaign report requirements for legislative and statewide candidates, as well as for ballot questions. It mandates the disclosure of all contributors, removing the previous thresholds of $200 for legislative or statewide candidates and $500 for ballot questions. The new language requires that the report includes detailed information about each contributor, including their name, address, employer or occupation, and the date and amount of each contribution. Additionally, it specifies that contributions must be listed in alphabetical order and that any contributions exceeding the specified thresholds must be itemized.
Furthermore, the bill stipulates that candidates, party units, political committees, and funds must itemize expenditures and noncampaign disbursements that exceed $200 in a calendar year. This includes providing detailed information about the date of the expenditure, the vendor's name and address, and a description of the service or item purchased. The changes aim to increase transparency in campaign financing by ensuring that all contributions and expenditures are thoroughly documented and reported to the board.
Statutes affected: Introduction: 10A.20