1.1 	A bill for an act
1.2 	relating to stadiums; requiring private stadium revenues to be paid into the state 
1.3 	treasury; requiring stand-alone owner payment;amending Minnesota Statutes 
1.4 	2012, section 473J.15, by adding subdivisions.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2012, section 473J.15, is amended by adding a 
1.7 	subdivision to read:
1.8 		Subd. 17.Private revenues; state remittance. Revenues contributed by the 
1.9 	Minnesota Vikings football team for the team commitment for stadium construction or 
1.10 	operation from naming rights, personal seat licenses, builder's licenses, or any NFL loan 
1.11 	or builder's program must be paid by the team to the state of Minnesota, and deposited in a 
1.12 	fund to be known as the private contribution fund. The commissioner of management and 
1.13 	budget shall release money from this fund to the Minnesota Stadium Authority as needed, 
1.14 	to pay for construction and operation of the football stadium, per statutorily required 
1.15 	agreements. The commissioner shall publicly account for the source of revenues and 
1.16 	status of the fund in a manner determined by the commissioner.

1.17 	EFFECTIVE DATE. This section is effective the day following final enactment.

1.18 	Sec. 2. Minnesota Statutes 2012, section 473J.15, is amended by adding a subdivision 
1.19 	to read:
1.20 		Subd. 18.Owner payment. The owner of the Minnesota Vikings football team shall 
1.21 	pay a minimum contribution of $200,000,000 to the construction of the Minnesota Vikings 
1.22 	stadium, separate and in addition to the revenues deposited in the private contribution 
1.23 	fund. This amount must be paid by the team to the state of Minnesota and shall be 
2.1 	deposited in a fund to be known as the owner's contribution fund. The commissioner of 
2.2 	management and budget shall release money from this fund to the Minnesota Stadium 
2.3 	Authority as needed to pay for construction and operation of the football stadium, per 
2.4 	statutorily required agreements. The commissioner shall publicly account for the source 
2.5 	of revenues and status of the fund in a manner determined by the commissioner.

2.6 	EFFECTIVE DATE. This section is effective retroactive to May 1, 2012.