This bill aims to strengthen campaign finance regulations in Minnesota by prohibiting foreign nationals from contributing to or making independent expenditures related to ballot questions. It amends Minnesota Statutes 2024, section 10A.01, by adding new definitions and provisions. Specifically, it defines "foreign national" and outlines the types of entities and individuals that fall under this classification. The bill also introduces a new section, [10A.151], which establishes a general prohibition against foreign nationals making donations or influencing ballot questions, and requires ballot question political committees to certify that they have not received foreign funding.
Additionally, the bill mandates that any person making independent expenditures related to ballot questions must maintain records of contributions and affirm that they have not accepted significant funds from foreign nationals in the preceding four years. It creates a presumption of violation if an entity is found to have accepted over $100,000 from foreign nationals during that timeframe. The bill also includes instructions for renumbering existing statutes to accommodate these changes.
Statutes affected: Introduction: 10A.01