1.1.................... moves to amend H.F. No. 4240, the first engrossment, as follows:
1.2Page 9, after line 3, insert:

1.3    "Sec. 12. [211B.25] PROHIBITIONS ON ELECTED OFFICIALS AND
1.4CANDIDATES BETTING ON ELECTIONS.
1.5    Subdivision 1. Definitions. (a) As used in this section, the following terms have the
1.6meanings given.
1.7(b) "Prediction market" means a system that allows consumers to place a wager on the
1.8future outcome of a federal, state, or local election.
1.9(c) "Wager" means a contract whereby the parties to the contract agree to a gain or loss
1.10by one to the other of money, property, or benefit.
1.11    Subd. 2. Prohibition; penalty. A candidate is guilty of a petty misdemeanor if the
1.12candidate places a wager with a prediction market on the outcome of an election in which
1.13the candidate is running.

1.14    Sec. 13. Minnesota Statutes 2024, section 211B.32, subdivision 1, is amended to read:
1.15    Subdivision 1. Administrative remedy; exhaustion. (a) Except as provided in paragraphs
1.16(b) and (c), a complaint alleging a violation of chapter 211A or 211B must be filed with the
1.17office. The complaint must be finally disposed of by the office before the alleged violation
1.18may be prosecuted by a county attorney.
1.19(b) Complaints arising under those sections and related to those individuals and
1.20associations specified in section 10A.022, subdivision 3, must be filed with the Campaign
1.21Finance and Public Disclosure Board.
1.22(c) Violations of sections 211B.075 and, 211B.076, and 211B.25 may be enforced as
1.23provided in those sections."
2.1Renumber the sections in sequence and correct the internal references
2.2Amend the title accordingly