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MN HF2884
Bill
Status
5/14/2019
Primary Sponsor
Rick Hansen
Click for details
AI Summary
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Prohibits individuals, political committees, political funds, principal campaign committees, and party units from soliciting or accepting digital units of exchange (including bitcoin) that are not backed by government-issued legal tender as campaign contributions or donations.
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Subjects entities that knowingly solicit or accept prohibited digital currency to a civil penalty of up to $3,000 imposed by the board.
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Makes it a felony for any person who knowingly accepts digital currency in violation of this prohibition.
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Adds new section 10.161 to Minnesota Statutes, chapter 10 (campaign finance law).
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Authored by Hansen and Becker-Finn; referred to the Committee on Government Operations.
Legislative Description
Campaign finance; solicitation or acceptance of a digital unit of exchange for political campaign purposes prohibited, and civil and criminal penalties provided.
Last Action
Authors added Dehn, Fischer
5/15/2019