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MN SF3152

MN SF3152
Minnesota Sports facilities Authority appropriation contingent on certain revenues from the conduct of electronic pull tabs


summary

Introduced
04/01/2025
In Committee
04/01/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to taxation; charitable gambling; appropriating money to the Minnesota Sports Facilities Authority contingent on certain revenues from the conduct of electronic pull-tabs; amending Minnesota Statutes 2024, section 297E.02, by adding a subdivision.

AI Summary

This bill establishes a mechanism for appropriating funds to the Minnesota Sports Facilities Authority based on revenues generated from electronic pull-tabs (a form of electronic gambling). Starting in 2026, the state tax commissioner will calculate the difference between electronic pull-tab tax revenues in the previous fiscal year and the base year (fiscal year 2024). If this difference is positive, a percentage of that amount (with the exact percentage left blank in the bill) will be automatically appropriated from the general fund to the Minnesota Sports Facilities Authority, up to a maximum of $20 million annually. The bill requires annual adjustments to the maximum amount based on tax statutes, with amounts rounded down to the nearest $50. The appropriation is specifically designated for stadium improvements, and the provision becomes effective on July 1, 2025. This legislation appears to create a dedicated funding mechanism that ties stadium improvements to electronic pull-tab gambling revenues, ensuring potential additional funding for the sports facility if electronic pull-tab revenues exceed the base year's performance.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Hearing (09:30:00 5/6/2025 ) (on 05/06/2025)

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