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 various entities 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 indirect funding if an entity is found to have accepted over $100,000 from foreign nationals, thereby reinforcing compliance and accountability in campaign financing. The revisor of statutes is instructed to renumber certain subdivisions within section 10A.01 to accommodate these changes.

Statutes affected:
Introduction: 10A.01