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SF 1637

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/02/2021 09:38am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9
1.10

A bill for an act
relating to state government; authorizing the forgiveness of certain loans made by
veterans organizations using lawful gambling proceeds.

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

Section 1. new text begin LOAN FORGIVENESS.
new text end

new text begin The obligation of congressionally chartered veterans organizations to repay amounts
loaned from lawful gambling funds for emergency expenditures under Laws 2020, First
Special Session chapter 6, section 2, paragraph (a), and any interest on those amounts loaned
is forgiven. The director of the Gambling Control Board shall consider these loans repaid.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end