Minn. Stat. § 10A.13

§ Subdivision 1. Accounts; penalty. The treasurer of a political committee, political fund, principal campaign committee, or party unit must keep an account of: (1) the sum of all contributions, except any donation in kind valued at $20 or less, made to the committee, fund, or party unit; (2) the name and address of each source of a contribution made to the committee, fund, or party unit in excess of $20, together with the date and amount of each; (3) each expenditure made by the committee, fund, or party unit, together with the date and amount; (4) each approved expenditure made on behalf of the committee, fund, or party unit, together with the date and amount; and (5) the name and address of each political committee, political fund, principal campaign committee, local candidate, or party unit to which contributions in excess of $20 have been made, together with the date and amount. Any individual who knowingly violates this subdivision is subject to a civil penalty imposed by the board of up to $1,000.

§ Subd. 2. Receipts. The treasurer must obtain a receipted bill, stating the particulars, for every expenditure over $100 made by, or approved expenditure over $100 made on behalf of, the committee, fund, or party unit, and for any expenditure or approved expenditure in a lesser amount if the aggregate amount of lesser expenditures and approved expenditures made to the same individual or association during the same year exceeds $100.