This bill amends Minnesota Statutes 2024, section 349.12, subdivision 25, to expand the definition of "lawful purpose" for licensed veterans organizations engaged in lawful gambling. Specifically, it authorizes these organizations to use up to 50 percent of their gross profits from the previous fiscal year for the repair, maintenance, or improvement of real property and capital assets they own, or for the replacement of capital assets that can no longer be repaired. This provision is temporary, applying to expenditures made before July 1, 2031, and includes stipulations that total expenditures cannot exceed the limit unless approved by the board due to extenuating circumstances. Additionally, the bill allows for building expansions and bar-related expenditures under this provision, which were previously restricted.

The bill also includes several insertions that clarify the conditions under which these expenditures can be made, such as ensuring compliance with the Americans with Disabilities Act. Furthermore, it deletes a previous provision that allowed contributions to certain 501(c)(19) organizations, thereby streamlining the focus on veterans organizations. The effective date of this amendment is the day following its final enactment, allowing for immediate implementation of these changes to support veterans organizations in maintaining and improving their facilities.

Statutes affected:
Introduction: 349.12