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MN SF2266

Bill

Status

Introduced

3/5/2012

Primary Sponsor

John Marty

Click for details

Origin

Senate

87th Legislature 2011-2012

AI Summary

  • Defines "general treasury" as funds held by associations from business operations or membership dues, excluding money collected specifically to influence elections or ballot questions.

  • Requires majority approval from an association's governing body before disbursing more than $1,000 from general treasury for political contributions, independent expenditures, or campaign expenditures.

  • Mandates associations provide certification documentation to political committees detailing the authorization, amount, and recipients of such expenditures, which must be filed with the recipient's next campaign finance report.

  • Prohibits foreign nationals and foreign-controlled entities from making contributions to political committees, political funds, principal campaign committees, or party units.

  • Defines foreign nationals to include non-citizens without permanent residence status, foreign governments and political parties, foreign associations, and corporations where foreign nationals own 10 percent or more of voting shares or control the corporation's election-related activities.

Legislative Description

Political and campaign contributions provisions modifications

Last Action

Referred to Local Government and Elections

3/5/2012

Committee Referrals

Local Government and Elections3/5/2012

Full Bill Text

No bill text available