HF3032 (Legislative Session 94 (2025-2026))
Minnesota Sports Facilities Authority funding provided contingent on certain revenues from the conduct of electronic pull-tabs, and money appropriated.
Related bill: SF3152
AI Generated Summary
Purpose of the Bill
The bill aims to allocate funds for stadium improvements in Minnesota by utilizing revenues generated from electronic pull-tabs, which are a form of charitable gambling.
Main Provisions
- Revenue Calculation: Annually, by March 15, the Commissioner of Management and Budget will calculate the difference in tax revenue derived from electronic pull-tabs between the previous fiscal year and a specified base year (2024).
- Appropriation to Minnesota Sports Facilities Authority: If revenue from the previous year exceeds that of the base year, a percentage of the excess, up to a maximum limit, will be appropriated from the general fund to the Minnesota Sports Facilities Authority for stadium improvements.
- Maximum Amount: The maximum annual appropriation for stadium improvements is set at $20,000,000.
Significant Changes to Existing Law
- The bill introduces a new subdivision to Minnesota Statutes section 297E.02, specifically addressing the allocation of revenues from electronic pull-tabs for stadium improvements.
- It establishes a framework for calculating and appropriating funds based on the differential tax revenue generated by electronic pull-tabs.
Relevant Terms
- Charitable gambling
- Electronic pull-tabs
- Minnesota Sports Facilities Authority
- Stadium improvements
- General fund appropriation
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 31, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
Citations
[ { "analysis": { "added": [ "A new subdivision outlining the appropriation to the Minnesota Sports Facilities Authority." ], "removed": [], "summary": "This bill references section 297E.02 related to the use of revenues from electronic pulltabs.", "modified": [] }, "citation": "297E.02", "subdivision": "subdivision 3" }, { "analysis": { "added": [], "removed": [], "summary": "This section is mentioned regarding the adjustment of the maximum appropriation amount.", "modified": [ "Adjustment of the maximum appropriation amount as per section 270C.22." ] }, "citation": "270C.22", "subdivision": "" }, { "analysis": { "added": [], "removed": [], "summary": "Defines 'stadium' for appropriation purposes.", "modified": [ "Incorporates stadium definition from 437J.03, subdivision 8 for clarity." ] }, "citation": "437J.03", "subdivision": "subdivision 8" } ]