This bill proposes significant reforms to the taxation and regulation of lawful gambling in Minnesota, primarily by repealing taxes on all lawful gambling receipts. It includes technical amendments to existing statutes, particularly in Minnesota Statutes 2024, and deletes references to certain tax sections related to gambling receipts. The bill introduces new language to clarify that the effective date for these changes will be July 1, 2025. Additionally, it amends definitions and provisions concerning lawful purposes for gambling expenditures, ensuring compliance with standards set by the Gambling Control Board and outlining specific uses for gambling proceeds.

The legislation also enhances regulatory measures by establishing new reporting requirements for distributors, including detailed sales records and barcoding for gambling products. It empowers the Gambling Control Board to impose civil penalties for violations, with fines up to $1,000, and allows for the summary suspension of licenses for non-compliance. The bill emphasizes local governance in regulating gambling activities and introduces penalties for non-compliance with record-keeping and reporting requirements. Overall, the amendments aim to streamline the regulatory framework, improve accountability, and ensure proper oversight of gambling operations in Minnesota.

Statutes affected:
Introduction: 270C.56, 297A.68, 299L.03, 299L.07, 349.12, 349.151, 349.162, 349.163, 349.1641, 349.19, 349.2125, 349.2127, 349.213, 349.22