Minnesota Legislature
SF 1610
as introduced - 87th Legislature (2011 - 2012) Posted on 02/08/2012 09:31am
Current Version - as introduced
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A bill for an act
relating to state government; creating a contingent annual appropriation for
the Racing Commission to fund the commission in the event of a shutdown;
amending Minnesota Statutes 2010, section 240.15, subdivision 6.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2010, section 240.15, subdivision 6, is amended to read:
Subd. 6.
Disposition of proceeds; account.
The commission shall distribute all
money received under this section, and all money received from license fees and fines it
collects, according to this subdivision. All money designated for deposit in the Minnesota
breeders fund must be paid into that fund for distribution under section 240.18 except that
all money generated by full racing card simulcasts must be distributed as provided in
section 240.18, subdivisions 2, paragraph (d), clauses (1), (2), and (3); and 3. Revenue
from an admissions tax imposed under subdivision 1 must be paid to the local unit of
government at whose request it was imposed, at times and in a manner the commission
determines. Taxes received under this section and fines collected under section 240.22
must be paid to the commissioner of management and budget for deposit in the general
fund. All revenues from licenses and other fees imposed by the commission must be
deposited in the state treasury and credited to a racing and card playing regulation account
in the special revenue fund. Receipts in this account are available for the operations of the
commission up to the amount authorized in biennial appropriations from the legislature.new text begin If
a fiscal biennium ends without the enactment of an appropriation to the commission for the
following biennium, receipts in this account are annually appropriated to the commission
for the operations of the commission up to the amount authorized in the second year of the
most recently enacted biennial appropriation, until a biennial appropriation is enacted.
new text end