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Bill > HF375


MN HF375

MN HF375
Portion of proceeds of the combined net receipts tax allocated.


summary

Introduced
02/13/2025
In Committee
02/13/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to taxation; lawful gambling; allocating a portion of the proceeds of the combined net receipts tax; amending Minnesota Statutes 2024, section 297E.02, subdivision 3.

AI Summary

This bill modifies the tax collection and distribution rules for gambling-related taxes in Minnesota, specifically changing how proceeds from gambling taxes are allocated. Currently, taxes from gambling activities are primarily deposited into the general fund, with a small percentage (one-half of one percent) appropriated to the commissioner of human services for compulsive gambling treatment and awareness programs. The proposed changes create a new structure for tax distribution that would allocate portions of the tax proceeds to specific accounts, including town road and small cities assistance accounts, with the remaining funds going to the general fund. The bill also maintains the existing provisions for allocating a small percentage of the funds to compulsive gambling treatment and awareness programs. The bill includes specific reporting requirements for the commissioner of human services, mandating monthly statements and annual reconciliations of the deposited amounts to legislative committees and the National Council on Problem Gambling's state affiliate. The changes would become effective for taxes paid after June 30, 2025, providing time for implementation and adjustment of the new tax allocation system.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Introduction and first reading, referred to Taxes (on 02/13/2025)

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