1.1 	A bill for an act
1.2 	relating to campaign finance; prohibiting transfer of a principal campaign 
1.3 	committee registration to another candidate; amending Minnesota Statutes 2014, 
1.4 	section 10A.105, subdivision 1; Minnesota Statutes 2015 Supplement, section 
1.5 	10A.14, subdivision 1.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. Minnesota Statutes 2014, section 10A.105, subdivision 1, is amended to read:
1.8 		Subdivision 1.Single committee. A candidate must not accept contributions from a 
1.9 	source, other than self, in aggregate in excess of $750 or accept a public subsidy unless 
1.10 	the candidate designates and causes to be formed a single principal campaign committee 
1.11 	for each office sought. A candidate may not authorize, designate, or cause to be formed 
1.12 	any other political committee bearing the candidate's name or title or otherwise operating 
1.13 	under the direct or indirect control of the candidate. A candidate may not authorize, 
1.14 	designate, or cause the candidate's name to be removed from a principal campaign 
1.15 	committee or transfer control of the committee to another candidate. However, a candidate 
1.16 	may be involved in the direct or indirect control of a party unit.

1.17 	Sec. 2. Minnesota Statutes 2015 Supplement, section 10A.14, subdivision 1, is 
1.18 	amended to read:
1.19 		Subdivision 1.First registration. (a) The treasurer of a political committee, 
1.20 	political fund, principal campaign committee, or party unit must register with the board by 
1.21 	filing a registration statement. The registration statement must be filed by the earliest of 
1.22 	the following dates:
1.23 	(1) no later than 14 days after the committee, fund, or party unit has made a 
1.24 	contribution, received contributions, or made expenditures in excess of $750;
2.1 	(2) no later than the next report of receipts and expenditures filing date applicable 
2.2 	to the committee, fund, or party unit if the committee, fund, or party unit reached the 
2.3 	threshold in clause (1) before the end of the reporting period covered by that report; or
2.4 	(3) by the end of the next business day after it has received a loan or contribution 
2.5 	that must be reported under section 10A.20, subdivision 5.
2.6 	(b) Once registered, control of a candidate's principal campaign committee may not 
2.7 	be transferred to another candidate. Assets of a principal campaign committee may only 
2.8 	be transferred to another candidate's principal campaign committee to the extent expressly 
2.9 	authorized by this chapter.
2.10 	(b) (c) This subdivision does not apply to ballot question or independent expenditure 
2.11 	political committees or funds, which are subject to subdivision 1a.

2.12 	Sec. 3. EFFECTIVE DATE.
 2.13 	Sections 1 and 2 are effective the day following final enactment, and apply to 
2.14 	principal campaign committees with active registrations on that date, or that are registered 
2.15 	on or after that date.