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, set to expire on July 1, 2031, and includes stipulations that expenditures must be related to properties used for the organization's primary mission and must comply with the Americans with Disabilities Act.
Additionally, the bill removes a previous provision that allowed contributions to certain 501(c)(19) organizations and introduces new language that clarifies the conditions under which veterans organizations can make expenditures for property improvements. The bill emphasizes that any expansion of buildings or bar-related expenditures is permitted under this new provision, which marks a significant change from prior restrictions. The effective date of this amendment is the day following its final enactment.
Statutes affected: Introduction: 349.12