| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to taxation; lawful gambling; reduce combined net receipts tax rates and |
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| 3 | 3 | | 1.3 expand the brackets; amending Minnesota Statutes 2024, section 297E.02, |
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| 4 | 4 | | 1.4 subdivision 6. |
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| 5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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| 6 | 6 | | 1.6 Section 1. Minnesota Statutes 2024, section 297E.02, subdivision 6, is amended to read: |
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| 7 | 7 | | 1.7 Subd. 6.Combined net receipts tax.(a) In addition to the taxes imposed under |
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| 8 | 8 | | 1.8subdivision 1, a tax is imposed on the combined net receipts of the organization. As used |
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| 9 | 9 | | 1.9in this section, "combined net receipts" is the sum of the organization's gross receipts from |
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| 10 | 10 | | 1.10lawful gambling less gross receipts directly derived from the conduct of paper bingo, raffles, |
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| 11 | 11 | | 1.11and paddlewheels, as defined in section 297E.01, subdivision 8, and less the net prizes |
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| 12 | 12 | | 1.12actually paid, other than prizes actually paid for paper bingo, raffles, and paddlewheels, for |
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| 13 | 13 | | 1.13the fiscal year. The combined net receipts of an organization are subject to a tax computed |
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| 14 | 14 | | 1.14according to the following schedule: |
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| 15 | 15 | | The tax is:1.15 If the combined net receipts |
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| 16 | 16 | | 1.16 for the fiscal year are: |
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| 17 | 17 | | eight three percent1.17 Not over $87,500 $100,000 |
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| 18 | 18 | | $7,000 $3,000 plus 17 ten percent of |
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| 19 | 19 | | the amount over $87,500 $100,000, |
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| 20 | 20 | | 1.20 but not over $122,500 $200,000 |
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| 21 | 21 | | 1.18 Over $87,500 $100,000, but |
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| 22 | 22 | | 1.19 not over $122,500 $200,000 |
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| 23 | 23 | | $12,950 $13,000 plus 25 18 percent |
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| 24 | 24 | | of the amount over $122,500 |
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| 25 | 25 | | 1.21 Over $122,500 $200,000, |
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| 26 | 26 | | 1.22 but not over $157,500 |
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| 27 | 27 | | 1.23 $300,000 $200,000, but not over $157,500 |
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| 28 | 28 | | 1.24 $300,000 |
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| 29 | 29 | | $21,700 $31,000 plus 33.5 26 percent |
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| 30 | 30 | | 1.26 of the amount over $157,500 $300,000 |
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| 31 | 31 | | 1.25 Over $157,500 $300,000 |
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| 32 | 32 | | 1Section 1. |
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| 33 | 33 | | 25-03616 as introduced02/10/25 REVISOR EAP/NS |
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| 34 | 34 | | SENATE |
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| 35 | 35 | | STATE OF MINNESOTA |
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| 36 | 36 | | S.F. No. 3130NINETY-FOURTH SESSION |
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| 37 | 37 | | (SENATE AUTHORS: KUPEC) |
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| 38 | 38 | | OFFICIAL STATUSD-PGDATE |
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| 39 | 39 | | Introduction and first reading04/01/2025 |
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| 40 | 40 | | Referred to Taxes 2.1 (b) Gross receipts derived from sports-themed tipboards are exempt from taxation under |
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| 41 | 41 | | 2.2this section. For purposes of this paragraph, a sports-themed tipboard means a sports-themed |
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| 42 | 42 | | 2.3tipboard as defined in section 349.12, subdivision 34, under which the winning numbers |
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| 43 | 43 | | 2.4are determined by the numerical outcome of a professional sporting event. |
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| 44 | 44 | | 2.5 EFFECTIVE DATE.This section is effective July 1, 2025. |
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| 45 | 45 | | 2Section 1. |
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| 46 | 46 | | 25-03616 as introduced02/10/25 REVISOR EAP/NS |
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