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MN SF378
MN SF378Certain sales and use tax collections allotment to the Minnesota Amateur Sports Commission
summary
Introduced
01/21/2025
01/21/2025
In Committee
01/21/2025
01/21/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
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 2024, section 297A.94; proposing coding for new law in Minnesota Statutes, chapter 240A.
AI Summary
This bill establishes a new dedicated funding mechanism for the Minnesota Amateur Sports Commission by creating an amateur sports account in the special revenue fund. Specifically, the bill directs that sales and use tax revenues collected from sales and purchases made at the National Sports Center in Blaine will be deposited into this new account. These funds will be primarily used for deferred maintenance costs at the National Sports Center, as determined annually by the Department of Administration's facilities condition assessment. If no maintenance costs are identified by September 1, 2025, the revenues will instead be transferred to the general fund. The bill amends existing tax revenue allocation statutes to add this new specific revenue stream, ensuring that tax collections from the National Sports Center will be directly channeled to support the facility's ongoing maintenance and upkeep. The provisions of this bill will take effect for sales and purchases made after June 30, 2025, providing a clear timeline for implementation of the new funding approach.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Hearing (08:30:00 1/30/2025 ) (on 01/30/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0378&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=SF378&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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