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MN HF4158
Bill
Status
3/12/2026
Primary Sponsor
Duane Quam
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AI Summary
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Adds a new statutory definition of "digital asset" to include virtual currency, stablecoins, nonfungible tokens, and other digital-only assets that confer economic, proprietary, or access rights
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Requires public officials to disclose digital assets valued over $10,000 held by themselves or their spouse on their statement of economic interest, along with dates and values of purchases or sales during the reporting period
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Requires disclosure of stock and stock option transactions (purchases, sales, exercises) with dates and value ranges, regardless of transaction value, for securities already reported as exceeding $10,000
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Transaction values must be reported using standardized ranges from $1-$10,000 up to over $50,000,000
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Effective date is January 1, 2027
Legislative Description
Statement of economic interest required to include disclosures relating to stock and virtual currency.
Last Action
Introduction and first reading, referred to Elections Finance and Government Operations
3/12/2026