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MN SF3644

Bill

Status

Introduced

2/19/2026

Primary Sponsor

Rich Draheim

Click for details

Origin

Senate

94th Legislature 2025-2026

AI Summary

  • Adds a new legal definition of "digital asset" to include virtual currency, stablecoins, and nonfungible tokens (NFTs) that confer economic, proprietary, or access rights

  • Requires public officials and candidates to disclose digital assets valued over $10,000 owned by themselves or their spouse on statements of economic interest

  • Requires disclosure of dates and value ranges for all stock and digital asset purchases and sales during the reporting period, regardless of transaction size

  • Establishes 10 value ranges for reporting transactions, from $1-$10,000 up to over $50,000,000

  • Effective date: January 1, 2027

Legislative Description

Statement of economic interest requirement to include disclosures relating to stock and virtual currency

Last Action

Second reading

3/2/2026

Committee Referrals

Elections2/19/2026

Full Bill Text

No bill text available