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Page 4 REQUIREMENTS FOR FlUNG CAMPAIGN FINANCIAL REPORT (Reference: Minnesota Statutes, Chapters 211A and 2118) THE INITIAL CANDIDATE OR COMMITTEE REPORT MUST BE FILED WITHIN 14 DAYS AFTER THE CANDIDATE OR COMMITTEE RECEIVES CONTRIBUTIONS OR MAKES DISBURSEMENTS OF MORE THAN $750 IN A CALENDAR YEAR. Candidate and committee reports must be filed with the election official responsible for placing the candidate on the ballot. Reporting dates for candidates and committees after the initial report required by 211 A and 211 B are as follows: 1. During an Election Year - An election year is any year in which the candidate's name appears on the ballot. In such a year a report will be filed: (a) 10 days before the primary or special primary (b) 10 days before the general election or special election (c) 30 days after a general or special election (d) by January 31 of each year following the year when the initial report was filed. 2. During a nonelection year - By January 31 of each year following the year when the initial report was filed. CONTRIBUTIONS: Means anything of monetary value that is given or loaned to a candidate or committee for a pOlitical purpose. "Contribution" does not include a service provided without compensation by an individual. CONTRIBUTION LIMITS: Beginning January 1, 1994, candidates may not accept aggregate contributions in excess of $300 in an election year or in excess of $100 in a non-election year made or delivered by an individual or committee. Candidates seeking election from districts with a population in excess of 100,000 may not accept aggregate contributions in excess of $500 in an election year. BALLOT QUESTIONS: Any individual, political committee, association or corporation that makes a contribution or expenditure to promote or defeat a ballot question as defined in Minnesota Statutes 211 A.01 shall file reports with the filing officer responsible for placing the question on the ballot. Reports must be filed within 14 days of receiving contributions or making disbursements of more than $750 in one calendar year. In addition a report must be filed by January 31 of each year following the year when the initial report was filed. During a year in which the question is on the ballot reports are also required: 10 days before the primary or special primary, 10 days before the general election or special election, 30 days after a general or special election. CONGRESSIONAL CANDIDATES: Candidates for election to the United States House of Representatives and Senate and any committee raising funds exclusively on behalf of anyone of those candidates may file copies of the reports required by federal law in lieu of those required by Minnesota Statutes 211A. CORPORATE ACTIVITIES TO ENCOURAGE PARTICIPATION: Corporations may contribute to or conduct public media projects to encourage individuals to attend precinct caucuses, register or vote if the projects are not controlled by or operated for the advantage of a candidate, political party, or committee. The total amount of expenditures or contributions for anyone project greater than $200, together with the date, purpose and the names and addresses of the persons receiving the contribution or expenditures must be reported. Reports must be filed with the Secretary of State, 180 State Office Building, St. Paul, MN 55155-1299,10 days before the primary or special primary; 10 days before the general election or special election, 30 days after a general or special election, and by January 31 of every year following the initial year a report was filed. FINAL REPORT: A final report may be filed any time after the candidate, committee or corporation has settled all debts and disposed of all assets in excess of $100 in the aggregate. PROHIBITED TRANSFERS: Beginning January 1, 1994, candidates may not accept contributions from the principal campaign committees of any candidate for legislative, judicial or state constitutional office. In addition, a candidate may not make contributions to the principal campaign committee of any candidate for legislative, judicial or state constitutional office unless the contributions are made from the candidate's personal funds. STATE CANDIDATES: Candidates and committees for state constitutional offices, the state legislature, supreme court, court of appeals, district court, and committees for state constitutional amendments are governed by Minnesota Statutes 10A. Contact the State Ethical Practices Board for further information at (612)296-5148.