The bill amends Minnesota Statutes 2024, section 349.19, by adding a new subdivision that outlines the procedures and conditions under which organizations can request fund loss due to theft. Specifically, it stipulates that the board cannot deny a fund loss request if the loss is a result of theft, the organization has reported the theft to local law enforcement, and has submitted a timely request to the board. However, the board retains the authority to deny requests if the organization has made two or more fund loss requests in the past year, based on specified criteria.

Additionally, the bill mandates that if a fund loss request is denied, the board must provide a written explanation detailing the reasons for the denial and suggest corrective actions to prevent future losses. Importantly, the board is prohibited from requiring organizations to reimburse their gambling accounts for losses due to theft from non-gambling funds, even if the request for fund loss is denied. This legislation aims to provide clearer guidelines and protections for organizations involved in lawful gambling in Minnesota.

Statutes affected:
Introduction: 349.19