The bill proposes amendments to Minnesota liquor laws regarding liquor licenses issued to the University of Minnesota's Board of Regents. Specifically, it modifies Minnesota Statutes 2024, Sections 340A.404, Subdivision 4a, and 340A.412, Subdivision 4, to allow the Board of Regents or concessionaires to obtain on-sale intoxicating liquor licenses for events at Northrop Auditorium, the intercollegiate football stadium, and up to seven other approved locations within the University of Minnesota. The bill also stipulates that licenses issued for the football stadium will be void unless they meet conditions ensuring liquor sales are available to the general public at a location within the stadium through halftime during intercollegiate football games. Additionally, the bill allows liquor licenses for other publicly owned entertainment and recreational facilities, including Giants Ridge Recreation Area, Ironworld Discovery Center, and the Duluth Entertainment and Convention Center for college hockey games. The licensing fees will be set at comparable rates to similar licenses in surrounding cities.