Minnesota HF4922: Manufacturers audit requirement removed.

What the bill says

A bill for an act relating to lawful gambling; removing an audit requirement relating to manufacturers; amending Minnesota Statutes 2025 Supplement, section 297E.06, subdivision 4; repealing Minnesota Statutes 2024, section 349.163, subdivision 12.

From the introduced text, April 9, 2026:

A bill for an act relating to lawful gambling; removing an audit requirement relating to manufacturers; amending Minnesota Statutes 2025 Supplement, section 297E.06, subdivision 4; repealing Minnesota Statutes 2024, section 349.163, subdivision 12. Section 1. Minnesota Statutes 2025 Supplement, section 297E.06, subdivision 4, is amended to read: Subd. 4. Annual audit and certified inventory. (a) An organization licensed under chapter 349 with gross receipts from lawful gambling of more than $750,000 in any year must have an annual financial audit of its lawful gambling activities and funds for that year. deleted text begin For the purposes of this subdivision, "gross receipts" does not include a licensed organization's receipts from electronic pull-tabs regulated under chapter deleted text end deleted text begin 349deleted text end deleted text begin provided the electronic pull-tab manufacturer has completed an annual system and organization controls audit, containing standards that must incorporate and be consistent with standards prescribed by the American Institute of Certified Public Accountants. deleted text end (b) The commissioner may require a financial audit of the lawful gambling activities and funds of an organization licensed under chapter 349, with gross receipts less than $750,000 annually, when an organization (2) failed to timely pay the gambling tax or regulatory fee; (3) filed fraudulent gambling tax returns; (4) failed to take corrective actions required by the …

Read the full official text

Sponsors

• Wayne Johnson (R, 41A) · primary sponsor

Latest actions

1. April 9, 2026: Introduction and first reading, referred to Commerce Finance and Policy

Common questions

What is HF4922?

HF4922 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Manufacturers audit requirement removed.

What does HF4922 do?

In its own words: A bill for an act relating to lawful gambling; removing an audit requirement relating to manufacturers; amending Minnesota Statutes 2025 Supplement, section 297E.06, subdivision 4; repealing Minnesota Statutes 2024, section 349.163, subdivision 12.

What is the status of HF4922?

In committee as of April 9, 2026. Latest action: Introduction and first reading, referred to Commerce Finance and Policy (April 9, 2026).

Who sponsored HF4922?

Wayne Johnson (R, 41A).

Where is the official record for HF4922?

On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=HF4922&y=2025&ssn=0&b=house