This bill amends Minnesota Statutes 2024, section 297E.02, subdivision 3, to allocate a portion of electronic pull-tab revenue specifically for the support of the Minnesota-bred Thoroughbred industry. The new provision states that starting in fiscal year 2027, $2,000,000 of the revenue deposited in the general fund from electronic pull-tab deals or games will be appropriated annually to the Minnesota Racing Commission. This funding is intended to supplement purses for races exclusively for Minnesota-bred Thoroughbreds and to provide financial incentives to breeders and owners, thereby promoting and supporting the Thoroughbred industry in Minnesota.

Additionally, the bill maintains existing provisions regarding the collection and disposition of gambling taxes, including the allocation of funds for compulsive gambling treatment programs and public awareness initiatives. The amendments aim to enhance the financial support for the Thoroughbred industry while ensuring that existing programs for problem gambling continue to receive necessary funding.

Statutes affected:
Introduction: 297E.02