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SF 5045

Certain electronic pull-tab revenue dedicated for support of the Minnesota-bred Thoroughbred industry

2025-2026 Regular Session Introduced by Nick Frentz and 1 co-sponsor

Dedicates electronic pull-tab revenue to support Minnesota-bred Thoroughbred racing, training, and industry development through a dedicated fund and administering entity.

Withdrawn and returned to author
#gamblingandlottery #taxation-gambling
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Bill Summary · SF 5045

Summary of Minnesota SF 5045 (2025-2026)

Title

Certain electronic pull-tab revenue dedicated for support of the Minnesota-bred Thoroughbred industry

Purpose and Intent

SF 5045 proposes dedicating a portion or all revenue from electronic pull-tab (EPT) games to support the Minnesota-bred Thoroughbred industry. The bill aims to channel gaming revenue into a specific, state-directed fund or program intended to benefit Minnesota-bred Thoroughbreds, potentially including race operations, training, promotion, and industry development within Minnesota.

Key Provisions and Changes (as introduced)

  • Revenue earmarking: Establishes a mechanism to dedicate electronic pull-tab proceeds to support the Minnesota-bred Thoroughbred industry. The exact percentage or dollar amount dedicated, and the exact source of the revenue (e.g., EPT revenue generated within Minnesota) would be defined in the bill or accompanying fiscal notes.
  • Program administration: Creates or designates an entity (likely a state agency or a quasi-public body) responsible for collecting, allocating, and monitoring the dedicated funds. This could involve reporting requirements, auditing, and compliance measures.
  • Use of funds: Specifies eligible uses for the dedicated revenue. Typical uses may include:
    • Support for Minnesota-bred racing events and tracks
    • Training, development, and promotion of Minnesota-bred Thoroughbreds
    • Grants or subsidies to racehorse owners, breeders, and related industry stakeholders
    • Infrastructure or facility improvements related to Minnesota-bred racing
  • Compliance and reporting: Imposes reporting and accountability measures to ensure funds are used as intended, including periodic financial reports and audits.
  • Effective date and implementation timeline: Details on when the dedication would take effect and any phased implementation, if applicable.

Who is Affected

  • Industry beneficiaries: Minnesota-bred Thoroughbred breeders, trainers, owners, racing venues, and associated industry service providers who rely on funding to support breeding and racing programs.
  • Participants in electronic pull-tabs: EPT operators, facilities, and players in Minnesota, since a portion of the revenue would be redirected from existing purposes to the dedicated fund.
  • State agencies: The agency designated to administer the fund (likely the Department of Revenue, Department of Agriculture, or a gaming/regulatory body) would manage collection, allocation, and oversight.
  • Public financial oversight: State lawmakers, auditors, and fiscal staff responsible for ensuring proper use and reporting of the dedicated revenue.

Procedural/TImeline Details

  • Introduction and referral: Introduced on April 9, 2026, and referred to the Taxes committee.
  • Status: As of the latest action, the bill was introduced and subsequently withdrawn and returned to the author on April 21, 2026. This indicates the bill did not progress to further committee action in that session and may be subject to revision or reintroduction by the author.
  • Sponsor information: Co-sponsors include Nick Frentz and Eric Pratt.

Potential Impact Considerations

  • Economic impact: Depending on the percentage dedicated, the bill could provide a new stream of funding to Minnesota’s Thoroughbred industry, potentially supporting growth, employment, and local investment.
  • Gaming economics: Redirecting EPT revenue could affect other uses of EPT funds unless offset by statutory adjustments or dedicated allocations.
  • Policy and regulatory implications: Establishing a dedicated fund could create ongoing budgetary commitments and necessitate ongoing oversight, reporting, and compliance frameworks.

If you’d like, I can tailor this summary to include the exact fiscal notes, proposed fund name, or anticipated administrative structure once the bill’s full text is available.

Compiled from official sources — confirm details with the bill’s official record.

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