HF375 (Legislative Session 94 (2025-2026))
Portion of proceeds of the combined net receipts tax allocated.
AI Generated Summary
This legislative bill in Minnesota concerns the taxation and use of profits from lawful gambling. It outlines changes to how taxes on gambling proceeds are collected, how they are filed, and where these proceeds are allocated. Key points include:
- Taxes due from gambling activities must be paid to the Commissioner when the monthly tax return is filed.
- The proceeds from these taxes, along with fees from gambling licenses, will be deposited into the general fund, and some specific portions will go to the town road account and the small cities assistance account.
- There is an exemption from sales taxes and local taxes for the sale of pull-tabs and tipboards, although a specific fee may still apply.
- A small percentage of the proceeds deposited into the general fund is allocated to the Commissioner of Human Services for programs related to compulsive gambling treatment and problem gambling awareness.
- Regular reporting and annual reconciliation of the funds related to gambling taxes are required to ensure transparency and proper allocation for gambling treatment and awareness programs.
The bill aims to ensure that a portion of the gambling proceeds is used to support public services and address gambling-related issues within the state.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 12, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This section outlines the commissioner's authority to prescribe the content, format, and manner of tax returns.",
"modified": []
},
"citation": "270C.30"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "These sections relate to lawful gambling regulation and fees.",
"modified": []
},
"citation": "349.11 to 349.191"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "These sections pertain to lawful gambling procedures and tax allocations.",
"modified": []
},
"citation": "349.211 and 349.213"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This section establishes the town road account for distribution of funds.",
"modified": []
},
"citation": "162.081"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This section creates the small cities assistance account.",
"modified": []
},
"citation": "162.145"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Section 349.16 covers licensing requirements and fees for gambling.",
"modified": []
},
"citation": "349.16"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This section involves the compulsive gambling treatment program.",
"modified": []
},
"citation": "245.98"
}
]