December 22, 2023 •
District Court Blocks Implementation of New Minnesota Campaign Finance Law
The U.S. District Court granted a motion for a preliminary injunction in Minnesota Chamber of Commerce v. Choi (0:23-cv-02015), preventing the Minnesota Campaign Finance and Public Disclosure Board from enforcing a bill restricting political activities by foreign-influenced corporations.
House File 3 was to be effective January 1, 2024, and would require a corporation making a contribution to a ballot question or an independent expenditure to submit a certification to the board that it was not a foreign-influenced corporation as of the date the contribution or expenditure was made.
The bill defines a foreign-influenced corporation as one for which a single foreign investor owns 1% or more; two or more foreign investors own 5% or more; or a foreign investor participates directly or indirectly in the corporation’s decision-making process with respect to the corporation’s political activities in the United States.
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