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 total expenditures may exceed the limit only with board approval due to extenuating circumstances. Additionally, the bill allows for expenditures related to compliance with the Americans with Disabilities Act.

The bill also includes a deletion of a previous provision that allowed contributions to certain 501(c)(19) organizations, which do not have an organization license and are not affiliated with the contributing organization. The new language emphasizes that the funds must be used for lawful purposes and outlines specific conditions under which expenditures can be made, including the requirement that projects must be 51 percent completed within two years of board approval. The effective date of this amendment is the day following its final enactment.

Statutes affected:
Introduction: 349.12