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 improvements to sports facilities in Minnesota using tax revenues generated from electronic pull-tabs, a form of charitable gambling.
Main Provisions
- Revenue Calculation: By March 15, 2026, and annually thereafter, the commissioner must calculate the difference in revenue from taxes on electronic pull-tabs compared to a base year (fiscal year 2024). This calculation involves the surplus of current-year revenues over base-year revenues.
- Appropriation of Funds: If the calculated revenue surplus from electronic pull-tabs is greater than zero, a portion of that surplus, capped at a maximum amount, will be appropriated from the state's general fund to the Minnesota Sports Facilities Authority. This appropriation is specifically earmarked for stadium improvements.
- Maximum Appropriation and Adjustments: The maximum appropriation amount is set at $20,000,000 annually. Starting July 1, 2026, this amount will be subject to adjustments based on specific financial guidelines to account for economic changes.
Significant Changes to Existing Law
- New Subdivision Added: This bill adds a new subdivision to Minnesota Statutes 2024, section 297E.02, setting out procedures for calculating and appropriating funds from electronic pull-tab revenues for stadium improvements.
- Introduction of Base Year and Maximum Amounts: Establishes fiscal year 2024 as the base year for revenue comparison and sets a cap for the funds that can be appropriated to the Minnesota Sports Facilities Authority.
Relevant Terms
- Taxation
- Charitable Gambling
- Electronic Pull-tabs
- Minnesota Sports Facilities Authority
- Stadium Improvements
- Appropriation
- Fiscal Year
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": [], "removed": [], "summary": "This section discusses the tax imposed related to charitable gambling in the form of electronic pulltabs.", "modified": [] }, "citation": "297E.02", "subdivision": "subdivision 6" }, { "analysis": { "added": [], "removed": [], "summary": "This section involves adjustments related to taxation figures.", "modified": [] }, "citation": "270C.22", "subdivision": "" }, { "analysis": { "added": [], "removed": [], "summary": "This section defines 'stadium' for the purposes of the legislation.", "modified": [] }, "citation": "437J.03", "subdivision": "subdivision 8" } ]