The bill proposes an amendment to Minnesota Statutes 2024, section 297E.02, by adding a new subdivision that establishes a framework for appropriating funds to the Minnesota Sports Facilities Authority for stadium improvements, contingent on revenues generated from electronic pull-tabs. Specifically, 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 for stadium improvements.

Additionally, the bill outlines that starting July 1, 2026, the maximum appropriation amount will be adjusted annually based on specified criteria. The effective date for this new section is set for July 1, 2025. This legislative change aims to ensure that funds from charitable gambling activities are utilized for enhancing sports facilities in Minnesota, thereby potentially boosting local economies and community engagement in sporting events.

Statutes affected:
Introduction: 297E.02