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MN SF994
Bill
Status
5/24/2011
Primary Sponsor
David Senjem
Click for details
AI Summary
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Decreases the minimum annual lawful purpose expenditure requirement for bingo organizations from 30 percent to 20 percent of gross profits in locations where bingo is the primary business.
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Maintains the 30 percent minimum annual lawful purpose expenditure requirement for all other lawful gambling organizations.
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Organizations failing to meet the applicable minimum expenditure threshold are placed on automatic probation for one year effective July 1, with potential license suspension or civil penalties up to $10,000 if they fail to improve.
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Board must consider unique factors or extraordinary circumstances when determining suspensions or penalties, including capital asset purchases, construction-related access impairment, and natural disasters affecting gambling operations.
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Effective the day following final enactment (May 25, 2011).
Legislative Description
Bingo minimum lawful purpose expenditure requirement decrease
Last Action
Governor approval
5/24/2011