Bill

Bill > SF549


MN SF549

MN SF549
Minnesota Amateur Sports Commission sales and use tax collections allocation


summary

Introduced
01/23/2023
In Committee
01/23/2023
Crossed Over
Passed
Dead
05/20/2024

Introduced Session

93rd Legislature 2023-2024

Bill Summary

A bill for an act relating to amateur sports; dedicating certain sales and use tax collections to the Minnesota Amateur Sports Commission; creating an amateur sports account; appropriating money; amending Minnesota Statutes 2022, section 297A.94; proposing coding for new law in Minnesota Statutes, chapter 240A.

AI Summary

This bill establishes an amateur sports account in the special revenue fund, funded by revenues derived from sales and purchases made at the National Sports Center in Blaine, Minnesota. The money in the account, including interest, is appropriated to the Minnesota Amateur Sports Commission for the promotion and development of amateur sports. The bill also amends the existing law on the deposit of sales and use tax revenues to direct the revenues from the National Sports Center to the new amateur sports account, rather than the general fund. This change is effective for sales and purchases made after June 30, 2023.

Committee Categories

Military Affairs and Security

Sponsors (5)

Last Action

Referred to State and Local Government and Veterans (on 01/23/2023)

Bill Topics

Banking, Finance, and Domestic Commerce
  • ‐ Sports and Gambling Regulation
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


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