Bill > HB1465

This bill amends North Dakota's gaming tax structure by increasing the tax threshold and adjusting tax rates for licensed gaming organizations. Specifically, the bill raises the first tax bracket from $50,000 to $100,000 in adjusted gross proceeds, reducing the tax burden for smaller gaming organizations. For organizations with proceeds between $100,000 and $200,000, the tax calculation changes from $500 plus 12% of proceeds over $50,000 to $1,000 plus 8% of proceeds over $100,000. The bill also introduces a new tax bracket for organizations with proceeds exceeding $200,000, which will be taxed at $9,000 for the first $200,000 and 12% on proceeds above that amount. These changes are designed to provide tax relief for gaming organizations by creating more favorable tax rates and higher income thresholds before higher tax rates are applied. The gaming tax is imposed quarterly and must be paid to the attorney general from the organization's adjusted gross proceeds, and the tax is not considered part of allowable expenses.

Budget and Finance

https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo1465.html