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MN HF2288

Bill

Status

Introduced

3/17/2021

Primary Sponsor

Keith Franke

Click for details

Origin

House of Representatives

92nd Legislature 2021-2022

AI Summary

  • Adds new clause (27) to Minnesota Statutes section 349.12, subdivision 25, allowing licensed veterans organizations to use up to 50 percent of gross profits from lawful gambling for repair, maintenance, or improvement of real property and capital assets, effective before July 1, 2031.

  • Permits building expansions and bar-related expenditures under clause (27), which are prohibited for non-veterans organizations under the standard 5 percent limit in clause (22).

  • Allows expenditures to bring existing buildings into compliance with the Americans with Disabilities Act and permits applying the allowed amount toward erection or acquisition of replacement buildings if board-approved.

  • Requires board approval for expenditures exceeding the 50 percent limit due to extenuating circumstances beyond the organization's control.

  • Creates a sunset provision for this special allowance, expiring July 1, 2031.

Legislative Description

Licensed veterans organizations' lawful gambling gross profit use authorized for real property repair, maintenance, or improvement.

Last Action

Introduction and first reading, referred to Commerce Finance and Policy

3/17/2021

Committee Referrals

Commerce Finance & Policy3/17/2021

Full Bill Text

No bill text available