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Minnesota Campaign Finance and Public Disclosure Board 190 Centennial Office Bldg, 658 Cedar St, St Paul, MN 55155 www.cfboard.state.mn.us Report of Receipts and Expenditures for Political Committees
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Step 1: Start by researching your local laws and regulations regarding the formation and operation of political committees or funds.
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Step 2: Choose a name for your political committee or fund that accurately represents its purpose.
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Step 3: Register your political committee or fund with the appropriate government agency or department responsible for overseeing campaign finance.
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Step 4: Determine the type of committee or fund you want to establish, such as a candidate committee, party committee, or political action committee.
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Step 5: Open a separate bank account for your political committee or fund to handle all financial transactions.
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Step 6: Develop a budget and fundraising strategy for your political committee or fund.
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Step 7: Begin fundraising efforts by reaching out to potential donors, organizing fundraising events, and utilizing online fundraising platforms.
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Step 8: Keep thorough and accurate records of all financial transactions and donations received.
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Step 9: Comply with all reporting and disclosure requirements outlined by your local campaign finance laws.
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Step 10: Continually monitor and update your political committee or fund's financial activities to ensure compliance with regulations and maintain transparency.

Who needs political committee or fund?

01
Political candidates running for public office
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Political parties
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Advocacy groups and nonprofits focused on specific political issues
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Individuals or organizations looking to support specific candidates or policies
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Campaign managers and consultants
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Political action committees (PACs)
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A political committee or fund is an organization that raises and spends money to influence elections or political issues.
Anyone who meets the legal definition of a political committee or fund, as determined by the relevant government agency, is required to file.
Political committees or funds typically need to fill out specific forms provided by the government agency overseeing campaign finance.
The purpose of a political committee or fund is to raise and spend money to support or oppose candidates for elected office or political issues.
Information that must be reported includes contributions received, expenditures made, and any other financial activities related to the committee or fund.
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