This bill amends Minnesota Statutes to modify the taxation framework for charitable gambling, specifically addressing pull-tabs and electronic pull-tabs. It removes these forms of gambling from the combined net receipts tax base and introduces separate taxes for each. The definition of "gross receipts" is updated to include various forms of gambling income while excluding certain types of income, such as rental proceeds from premises owned by organizations. The effective date for these changes is set for July 1, 2025.

Additionally, the bill establishes new subdivisions that impose specific net receipts taxes on both pull-tabs and electronic pull-tabs, calculated based on the receipts derived from these activities after deducting net prizes paid. These provisions are also effective for games played after June 30, 2025. Overall, the bill aims to clarify and streamline the taxation process for charitable gambling activities in Minnesota.

Statutes affected:
Introduction: 297E.01, 297E.02