This bill amends Minnesota Statutes 2024, section 297E.02, by adding a new subdivision that establishes a process for appropriating funds to the Minnesota Sports Facilities Authority for stadium improvements, contingent on revenues generated from electronic pull-tabs. The commissioner, in consultation with the commissioner of management and budget, is required to calculate the difference in revenue from electronic pull-tabs between the previous fiscal year and a designated base year (fiscal year 2024). If this calculated amount is positive, a percentage of it, up to a maximum of $20 million, will be appropriated annually from the general fund to the Authority by August 1 of each year, starting in 2026.

Additionally, the bill outlines that beginning July 1, 2026, the commissioner must adjust the maximum appropriation amount based on specified criteria. The definitions for "base year," "maximum amount," and "stadium" are also provided to clarify the terms used in the new subdivision. The effective date for this section is set for July 1, 2025.

Statutes affected:
Introduction: 297E.02