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MN HF4597

Bill

Status

Passed

5/27/2020

Primary Sponsor

Brad Tabke

Click for details

Origin

House of Representatives

91st Legislature 2019-2020

AI Summary

  • Increases regulatory fee on advance deposit wagering from one percent to two percent of amounts wagered by Minnesota residents, with fees deposited to offset costs of regulating horse racing and pari-mutuel wagering.

  • Allows horseperson organizations to agree with licensees on capital improvements and expense reimbursements specific to live racing operations, which may be deducted from purses or paid from retained breakage.

  • Modifies card club authorization requirements to allow the commission discretion to authorize operation with less than 50 days of prior live racing if circumstances beyond the licensee's control warrant a shorter period.

  • Changes commission reimbursement for card club regulation costs from mandatory ("shall") to discretionary ("may") requirement.

  • All provisions expire December 31, 2021.

Legislative Description

Revenue and reimbursement provisions modified, and discretion to the commission for operation of a card club granted.

Last Action

Secretary of State Chapter 111

5/27/2020

Committee Referrals

Ways and Means5/9/2020
State Government Finance5/7/2020
Commerce4/28/2020

Full Bill Text

No bill text available