The bill establishes an "amateur sports account" within the special revenue fund, which will be funded by certain sales and use tax collections specifically from the National Sports Center in Blaine. The funds in this account, including any accrued interest, are appropriated to the Minnesota Amateur Sports Commission for deferred maintenance costs as determined by the Department of Administration. Additionally, starting September 1, 2025, if there are no identified costs for maintenance, the revenue collected for the following fiscal year will revert to the general fund.

The bill amends Minnesota Statutes 2024, section 297A.94, to include provisions for the new amateur sports account, specifying that revenues derived from taxes on sales and purchases at the National Sports Center will be deposited into this account. The language also clarifies that the commissioner must adhere to the requirements set forth in the new section regarding the allocation of these funds. The effective date for these changes is set for sales and purchases made after June 30, 2025.

Statutes affected:
Introduction: 297A.94