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MN HF5106

Bill

Status

Introduced

3/21/2024

Primary Sponsor

Nathan Coulter

Click for details

Origin

House of Representatives

93rd Legislature 2023-2024

AI Summary

HF 5106 Summary

  • Establishes a small donor match program providing state matching funds for eligible contributions up to $75 per donor, with an 8x match for in-district contributions and 2x match for out-of-district contributions.

  • Increases campaign expenditure limits for candidates participating in the small donor match program: governor/lieutenant governor to $10,000,000; attorney general/secretary of state to $3,000,000; state senator to $300,000; state representative to $150,000.

  • Repeals the existing campaign public subsidy program funded through state income tax designations and replaces it with the new small donor match system.

  • Requires candidates to accumulate contributions from eligible Minnesota voters meeting new thresholds (e.g., $100,000 with 1,000 small contributions for governor) to qualify for matching funds.

  • Appropriates $2,432,000 per general election from the general fund to the state elections campaign account to provide matching funds.

Legislative Description

Small donor political committees and funds regulated, small donor match program established, campaign public subsidy program repealed, and money transferred.

Last Action

Introduction and first reading, referred to Elections Finance and Policy

3/21/2024

Committee Referrals

Elections Finance and Policy3/21/2024

Full Bill Text

No bill text available