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HF 4912

Electronic pull-tab revenue dedicated for support of the Minnesota-bred Thoroughbred industry, and money appropriated.

2025-2026 Regular Session Introduced by Brad Tabke and 1 co-sponsor

Electronic pull-tab revenue would be dedicated to funding Minnesota-bred Thoroughbred industry initiatives (breeding, racing, infrastructure) and related administration.

Introduction and first reading, referred to State Government Finance and Policy
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Bill Summary · HF 4912

Summary of HF 4912 (2025-2026) – Minnesota

Title

Electronic pull-tab revenue dedicated for support of the Minnesota-bred Thoroughbred industry, and money appropriated.

Purpose and intent

HF 4912 proposes to earmark and dedicate revenue generated from electronic pull-tab (EPT) games to support the Minnesota-bred Thoroughbred horse industry. The bill also contemplates appropriations of funds to implement, administer, or otherwise advance the goals of supporting Minnesota-bred Thoroughbreds, potentially including industry infrastructure, racing, breeding, and related activities.

Key provisions and changes

  • Dedicated revenue source: Establishes or designates electronic pull-tab revenue as a dedicated funding stream specifically for the Minnesota-bred Thoroughbred industry. This implies that proceeds from EPT operations would be set aside for the industry rather than being diverted to general or other appropriations.
  • Use of funds: Funds derived from the dedicated revenue are intended to support the Minnesota-bred Thoroughbred sector. This could cover activities such as breeding programs, racing operations, industry promotion, farm infrastructure, and other industry-supporting initiatives, consistent with future language in the bill and any agency rules.
  • Appropriations: The bill includes provisions for appropriations—potentially to state agencies or departments responsible for gaming, agriculture, or economic development—to administer, administer, manage grants, or otherwise implement the program. This may cover administrative costs and programmatic funding to industry entities.

Note: The exact allocation mechanisms (e.g., caps, percentage splits, oversight, reporting requirements) and administrator(s) are not detailed in the provided information. If enacted, the bill would need accompanying fiscal notes and committee-approved language specifying these details.

Affected parties and entities

  • Minnesota-bred Thoroughbred industry: Race organizers, breeders, farms, stables, owners, trainers, and related service providers would be primary beneficiaries through access to dedicated funds.
  • Electronic pull-tab operators and gaming oversight bodies: Depending on implementation, state gaming/regulatory agencies would administer or oversee the dedicated fund, process distributions, and ensure compliance.
  • State government: Agencies involved in economic development, agriculture, gambling regulation, and budgetary processes would implement and monitor the program.

Procedural and timeline notes

  • Introduced and referred: As of the 2026-04-09 action history, HF 4912 was introduced and referred to the State Government Finance and Policy committee for consideration.
  • Next steps typically include:
    • Committee hearings and potential amendments. -Fiscal impact analyses and revenue projections. -floor votes in the Minnesota House, and ultimately Senate consideration, followed by a governor’s signature if enacted.

Potential impacts and considerations

  • Industry impact: If implemented, the Minnesota-bred Thoroughbred industry could gain a stable funding source for development and sustainability, potentially influencing breeding programs, racing events, and industry infrastructure.
  • Gaming and regulatory considerations: The mechanism for dedicating EPT revenue would require clear governance, reporting, and compliance frameworks to ensure funds are properly collected and allocated.
  • Economic implications: The dedicated funds could contribute to job creation, tourism, and agri-business activity tied to the Thoroughbred sector, depending on how funds are deployed.

If you would like, I can add a section comparing HF 4912 to current law or similar bills, or draft a plain-language brief for broader audiences.

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

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