1.1 A bill for an act
1.2 relating to taxation; charitable gambling; modifying the combined net receipts tax
1.3 rates and brackets; amending Minnesota Statutes 2024, section 297E.02, subdivision
1.4 6.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2024, section 297E.02, subdivision 6, is amended to read:
1.7 Subd. 6.Combined net receipts tax.(a) In addition to the taxes imposed under
1.8subdivision 1, a tax is imposed on the combined net receipts of the organization. As used
1.9in this section, "combined net receipts" is the sum of the organization's gross receipts from
1.10lawful gambling less gross receipts directly derived from the conduct of paper bingo, raffles,
1.11and paddlewheels, as defined in section 297E.01, subdivision 8, and less the net prizes
1.12actually paid, other than prizes actually paid for paper bingo, raffles, and paddlewheels, for
1.13the fiscal year. The combined net receipts of an organization are subject to a tax computed
1.14according to the following schedule:
The tax is:1.15 If the combined net receipts
1.16 for the fiscal year are:
eight seven percent1.17 Not over $87,500 $100,000
$7,000 plus 17 15 percent of the
amount over $87,500 $100,000, but
1.20 not over $122,500 $200,000
1.18 Over $87,500 $100,000, but
1.19 not over $122,500 $200,000
$12,950 $22,000 plus 25 20 percent
of the amount over $122,500
1.21 Over $122,500 $200,000,
1.22 but not over $157,500
1.23 $300,000 $200,000, but not over $157,500
1.24 $300,000
$21,700 $42,000 plus 33.5 25 percent
1.26 of the amount over $157,500 $300,000
1.25 Over $157,500 $300,000
1Section 1.
25-05075 as introduced03/19/25 REVISOR EAP/AD
SENATE
STATE OF MINNESOTA
S.F. No. 2947NINETY-FOURTH SESSION
(SENATE AUTHORS: PUTNAM)
OFFICIAL STATUSD-PGDATE
Introduction and first reading03/24/2025
Referred to Taxes 2.1 (b) Gross receipts derived from sports-themed tipboards are exempt from taxation under
2.2this section. For purposes of this paragraph, a sports-themed tipboard means a sports-themed
2.3tipboard as defined in section 349.12, subdivision 34, under which the winning numbers
2.4are determined by the numerical outcome of a professional sporting event.
2.5 EFFECTIVE DATE.This section is effective July 1, 2025.
2Section 1.
25-05075 as introduced03/19/25 REVISOR EAP/AD