Bill
Bill > HF4090
MN HF4090
MN HF4090Sports betting authorized and provided, licenses established, local restrictions prohibited, sports betting taxation provided, civil and criminal penalties provided, amateur sports grants provided, and money appropriated.
summary
Introduced
02/22/2024
02/22/2024
In Committee
02/22/2024
02/22/2024
Crossed Over
Passed
Dead
05/20/2024
05/20/2024
Introduced Session
93rd Legislature 2023-2024
Bill Summary
A bill for an act relating to gambling; authorizing and providing for sports betting; establishing licenses; prohibiting local restrictions; providing for taxation of sports betting; providing civil and criminal penalties; providing for amateur sports grants; requiring reports; appropriating money; amending Minnesota Statutes 2022, sections 240.01, subdivision 1b; 245.98, subdivision 2; 260B.007, subdivision 16; 297E.02, by adding a subdivision; 609.75, subdivisions 3, 4, 7, by adding a subdivision; 609.755; 609.76, subdivision 2; Minnesota Statutes 2023 Supplement, section 349.12, subdivision 12c; proposing coding for new law in Minnesota Statutes, chapters 240A; 299L; 609; proposing coding for new law as Minnesota Statutes, chapter 297J.
AI Summary
This bill authorizes and provides for sports betting in Minnesota. Key provisions include:
- Establishing 11 sports betting operator licenses and 11 sports betting platform provider licenses to be issued by the Commissioner, with certain eligibility requirements and restrictions.
- Allowing sports betting operators to offer mobile and retail sports betting through partnerships with retail affiliates like racetracks and professional sports facilities.
- Requiring sports betting operators and platform providers to follow regulations set by the Commissioner around features like age verification, problem gambling prevention, data privacy, and advertising.
- Imposing a 15% tax on sports betting net revenue, with revenue going to various funds and programs related to gambling treatment, youth sports, and more.
- Creating new criminal penalties for unauthorized sports betting and related activities.
- Directing the Governor to negotiate new tribal-state compacts for class III sports betting on tribal lands.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Author added Engen (on 02/26/2024)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Sports and Gambling Regulation
Law, Crime, and Family Issues
- ‐ Gambling, Lottery, and Gaming
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF4090&ssn=0&y=2023 | 02/22/2024 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF4090&version=0&session=ls93&session_year=2024&session_number=0&format=pdf | 02/22/2024 |
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