This 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 will be 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 be redirected to the general fund.

The bill also amends Minnesota Statutes 2024, section 297A.94, to include provisions for the deposit of revenues into the newly created amateur sports account. Specifically, it mandates that revenues derived from taxes on sales and purchases made at the National Sports Center be deposited into this account, while also making adjustments to existing provisions regarding the deposit of other tax revenues. The effective date for these changes is set for sales and purchases made after June 30, 2025.

Statutes affected:
Introduction: 297A.94