MN SF2969

Imposes a 50 percent tax on gross receipts from the sale of stadium builder's or seat licenses by the NFL team, effective retroactively for sales after December 31, 2013.

Defines stadium builder's or seat licenses as legal rights guaranteeing or enabling purchase of tickets to specific sections, areas, or seats in the stadium, but excludes individual game or event tickets.

Maintains existing 10 percent tax on gross receipts from rental of suites, sky boxes, and similar facilities in the NFL stadium.

Requires the authority to remit all tax proceeds to the commissioner of management and budget for deposit in the state's general fund to offset costs of bonds issued under section 16A.965.

Tax on seat licenses applies in addition to any other state or local taxes on the sale.