Cigarette taxes generating funds for Vikings stadium - KTTC Rochester, Austin, Mason City News, Weather and Sports

Cigarette taxes generating funds for Vikings stadium


ST. PAUL, Minn. (KTTC) -- After a failed attempt to raise funds through e-pull tabs, the state of Minnesota is finally generating money for the new Vikings stadium through cigarette taxes.

The Minnesota Department of Revenue released the collection figures for the one-time ciagrette floor stock tax Thursday.

Officals say nearly 30.5 million dollars has been collected by the department so far.

26.5 million dollars will, by law, go to the Vikings stadium financing.

The remaining 3.96 million will go to the states general fund along with the revenue from increased cigarette and tobacco taxes that went into effect on July 1st.

Powered by WorldNow
All content © Copyright 2001 - 2014 WorldNow and KTTC, a Quincy station.
All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Jodi Neyens at (507) 280-5104. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at