SF1513

Senate File No. 1513 is a proposed law in Minnesota concerning campaign finance. It aims to modify how money is managed within the state's elections campaign fund. According to the bill, the amount each individual designates to the state elections campaign fund will be slightly reduced by three percent. This three percent will stay in the general fund to cover administrative costs. The rest of the funds (97%) will be transferred from the general fund into the state elections campaign account. Additionally, for each general election, specific amounts (first $2,432,000, then $4,432,000) are also set aside from the general fund to further support this campaign account. These funds are to be used as defined in further subdivisions for various distribution needs related to state elections.