Legislators disclosure of financial ties to entities seeking state funding requirement; legislative staff paid from an entity seeking state funding prohibition

SF 1990 requires Minnesota legislators to disclose financial ties to entities seeking state funding through a specific bill. If a legislator or their family member receives compensation (like salary or payments) from such an entity, they must report it within five days of the bill's introduction, before any committee action. The bill also prohibits legislative staff (including designated roles like the Senate secretary or House chief clerk) from accepting compensation from entities requesting state funding via a bill authored by a legislator or through state grant processes. These requirements apply alongside existing conflict-of-interest rules and aim to increase transparency around financial relationships affecting legislative decisions.