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MN HF1260
Bill
Status
2/14/2019
Primary Sponsor
Zack Stephenson
Click for details
AI Summary
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Requires political contributions and independent expenditures from corporations and limited liability companies to be made only from funds reported as individual income on tax returns, such as dividends, salaries, wages, commissions, bonuses, and capital gains.
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Prohibits direct or indirect use of pretax corporate revenues for political contributions and independent expenditures.
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Applies the restriction to all state and local races in Minnesota.
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Amends Minnesota Statutes section 10A.27 by adding subdivision 14a and proposes new law in chapter 211B.151.
Legislative Description
Political contributions and independent expenditures required to be made from funds subject to the individual income tax.
Last Action
Introduction and first reading, referred to Government Operations
2/14/2019