SF2391 Summary

• NFL Stadium Funding: Establishes Minnesota Sports Facilities Authority to construct and operate a new Minneapolis NFL stadium with $373 million in state bond funding, $150 million from Minneapolis, and $452 million private contribution, with a 40-year lease requirement for the team.

• Revenue Sources: Authorizes state appropriation bonds up to $625 million principal, Minneapolis sales/hospitality taxes, stadium user fees (10% on suites, 6.875% on memorabilia), and increased gaming taxes on pull-tabs and bingo to generate construction and operating revenues.

• Electronic Gambling Expansion: Legalizes electronic pull-tab games and electronic linked bingo games with new regulatory definitions, tax structures, and operational restrictions including device limitations by venue type and location requirements.

• Legislative Oversight: Creates Legislative Commission on Minnesota Sports Facilities to oversee authority budgets, operations, and debt; abolishes Metropolitan Sports Facilities Commission with assets/liabilities transferred to new authority.

• Education Funding: Establishes Minnesota Education, Retraining, and Investment in Talent (MERIT) scholarship program funded by available gaming revenues for Minnesota high school graduates with 3.0+ GPA attending eligible institutions.