HF 5192

as introduced - 93rd Legislature (2023 - 2024) Posted on 04/02/2024 11:52am

A bill for an act
relating to consumer protection; requiring certain publicly funded stadiums to
accept cash payments for goods and services; proposing coding for new law in
Minnesota Statutes, chapter 325F.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin [325F.025] ACCEPTANCE OF CASH PAYMENT.
new text end

new text begin Subdivision 1. new text end

new text begin Definitions. new text end

new text begin (a) For purposes of this section, the following terms have
the meanings given.
new text end

new text begin (b) "Cash" means the physical form of United States currency, whether paper money or
coins.
new text end

new text begin (c) "Preferential tax treatment" means:
new text end

new text begin (1) a property tax exemption, abatement, credit, or other benefit, including a tax increment
financing district;
new text end

new text begin (2) a sales tax exemption for (i) construction materials used to construct a facility, (ii)
vendors operating at the facility, or (iii) individuals attending events at the facility; or
new text end

new text begin (3) any other tax law that specifically reduces the tax liability (i) of or at a sports facility,
or (ii) for a taxpayer that owns the sports facility.
new text end

new text begin (d) "Publicly funded sports facility" means a sports facility that has seating capacity for
10,000 or more individuals and that received financial support from the state, county, or
city, including but not limited to:
new text end

new text begin (1) preferential tax treatment; or
new text end

new text begin (2) a state, county, or city appropriation, grant, or loan that pays for all or a portion of
constructing, maintaining, improving, or operating the sports facility.
new text end

new text begin Subd. 2. new text end

new text begin Payment in cash must be allowed; publicly funded sports facilities. new text end

new text begin Payment
in cash must be accepted for all sales of goods and services, including but not limited to
sales for admission, parking, concessions, and merchandise, made at a publicly funded
sports facility to persons attending events at the facility.
new text end

new text begin Subd. 3. new text end

new text begin Remedies. new text end

new text begin The attorney general may bring an action under section 8.31 against
any person who violates this section.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective July 1, 2024.
new text end