The bill seeks to repeal taxes on all lawful gambling receipts in Minnesota and introduces several amendments to existing statutes, including sections 270C.56, 297A.68, 299L.03, 299L.07, 349.12, and 349.151. It removes references to specific tax sections, such as 297E.02, and clarifies definitions and regulations surrounding lawful gambling activities. The bill also establishes effective dates for these changes, set to take effect on July 1, 2025, and includes provisions related to tax liabilities, exemptions for certain devices, and conditions for licensing.

In addition to tax repeal, the bill enhances compliance and enforcement measures by introducing new record-keeping requirements for distributors and stricter penalties for violations, including civil penalties of up to $1,000 per infraction. It outlines the responsibilities of organizations in reporting their gambling activities and prohibits local governments from imposing certain fees or requirements on licensed gambling activities. The legislation aims to strengthen oversight and accountability in the gambling sector while ensuring proper tax collection and compliance with regulations.

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