HF753 (Legislative Session 94 (2025-2026))
Licensed veterans organizations authorized to use gross profits from lawful gambling for repair, maintenance, or improvement of real property.
Related bill: SF623
AI Generated Summary
This bill allows licensed veterans organizations in Minnesota to use the profits they earn from lawful gambling activities to pay for the repair, maintenance, or improvement of their property. This includes buildings they own or lease based on certain conditions outlined in the amendments to Minnesota Statutes 2024, section 349.12, subdivision 25. The bill specifies various permissible uses of the gambling profits, ensuring they align with the organization's primary mission or for community benefits, while setting limits and regulations to maintain financial and operational transparency.
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
February 12, 2025 | House | Floor | Action | Introduction and first reading, referred to | Veterans and Military Affairs Division |
February 18, 2025 | House | Floor | Action | Authors added | |
February 19, 2025 | House | Floor | Action | Committee report, to adopt and re-refer to | Commerce Finance and Policy |
February 19, 2025 | House | Floor | Action | Authors added | |
February 25, 2025 | House | Floor | Action | Author added |
Citations
[ { "analysis": { "added": [ "Inclusion of additional lawful purposes for expenditures by licensed veterans organizations." ], "removed": [], "summary": "Amends the definition of 'lawful purpose' in the context of lawful gambling.", "modified": [ "Clarification of existing lawful purposes to comply with Minnesota's standards." ] }, "citation": "349.12" }, { "analysis": { "added": [], "removed": [], "summary": "References standards prescribed by the board for lawful gambling expenditures.", "modified": [] }, "citation": "349.154" }, { "analysis": { "added": [], "removed": [], "summary": "Mentions authority related to local gambling taxes that are authorized under specific subdivisions.", "modified": [] }, "citation": "349.213" }, { "analysis": { "added": [], "removed": [], "summary": "Refers to taxes imposed on receipts from lawful gambling, including multiple subdivisions.", "modified": [] }, "citation": "297E.02" }, { "analysis": { "added": [], "removed": [], "summary": "Relates to the tax imposed on unrelated business income.", "modified": [] }, "citation": "290.05" }, { "analysis": { "added": [], "removed": [], "summary": "Includes authorization for citizen monitoring of surface water quality, in compliance with procedural guidance.", "modified": [] }, "citation": "115.06" }, { "analysis": { "added": [], "removed": [], "summary": "References grant-in-aid trail maintenance and grooming for public use.", "modified": [] }, "citation": "84.83" }, { "analysis": { "added": [], "removed": [], "summary": "Also pertains to grant-in-aid trail maintenance for public use.", "modified": [] }, "citation": "84.927" } ]