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MN SF2099

Bill

Official Source

Status

Engrossed

5/5/2014

Primary Sponsor

Richard Cohen

Click for details

Origin

Senate

88th Legislature 2013-2014

AI Summary

  • Prohibits corporations and limited liability companies from making political contributions and independent expenditures using pre-tax revenues
  • Requires political contributions and independent expenditures to be made only from funds that have been reported or will be reported as income on individual income tax returns, including corporate dividends, salaries, wages, commissions, bonuses, and capital gains
  • Applies the restriction to all state and local races
  • Amends Minnesota Statutes section 10A.27 by adding subdivision 14a and creates new statute 211B.151

Legislative Description

Political contributions from funds subject to the individual income tax requirement

Last Action

House rule 1.21, placed on Calendar for the Day Thursday, May 15, 2014

5/13/2014

Committee Referrals

Rules and Administration2/27/2014

Full Bill Text

No bill text available