Campaign Finance and Public Disclosure Board required to impose fees and civil penalties for various violations, fees and civil penalties allowed to be waived for good cause only in certain circumstances, and annual report required.

This bill requires Minnesota's Campaign Finance and Public Disclosure Board to enforce stricter financial penalties and late fees for campaign finance violations, affecting political committees, candidates, and campaign treasurers. It defines specific terms like "enhanced penalties" for significant violations and "total contributions" and "total disbursements" to clarify what must be reported and tracked. The legislation mandates that the board must impose civil penalties rather than having discretion, prohibits waiving enhanced penalties except for good cause in limited cases, and requires annual reporting on enforcement actions. Additionally, it increases penalties for knowingly submitting false reports or failing to maintain accurate financial records, with fines calculated as multiples of the amounts involved rather than fixed dollar amounts.