Governor Walz Signs Two Bills into Law
ST. PAUL, MN (STL.News) Governor Tim Walz today signed two bills into law, which clarify prohibited contract terms regarding choice of venue and expanded use of the Minnesota Breeder’s Fund to support retired racehorses.
- Chapter 51, HF3254: This bill prohibits manufacturers, wholesalers, assemblers, and importers from circumventing compliance with Minnesota Statutes section 325E.37 by including in a sales representative agreement a choice-of-venue term that sets the venue in another state.
- Chapter 52, HF3545: This bill authorizes certain fee deposits in the breeder’s fund to be used to support the adoption, retirement, and repurposing of racehorses. The fees are currently derived from advanced deposit wagering activity. There is currently a surplus in the fund. This bill would not increase any fees or expand the types of wagering allowed – it would expand the allowed uses of the fund to cover support for retired racehorses.