HF3032
Minnesota Sports Facilities Authority funding provided contingent on certain revenues from the conduct of electronic pull-tabs, and money appropriated.
Legislative Session 94 (2025-2026)
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
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| April 01, 2025 | House | Action | Introduction and first reading, referred to | Taxes |
Meeting documents
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Bill information comes from public records published by the Office of the Revisor of Statutes, the Minnesota House and the Minnesota Senate. AI summaries are written by MinneSlate and are not official. MinneSlate is independent and is not affiliated with the State of Minnesota or the Minnesota Legislature.
Progress through the legislative process
In Committee