Minnesota SF 937: Public buildings accessibility requirements modification

Bill Text

1.1 A bill for an act​
1.2 relating to taxation; charitable gambling; reducing rates and making corresponding​
1.3 changes to brackets for the combined net receipts tax; amending Minnesota Statutes​
1.4 2024, section 297E.02, subdivision 6.​
1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.6 Section 1. Minnesota Statutes 2024, section 297E.02, subdivision 6, is amended to read:​
1.7 Subd. 6.Combined net receipts tax.(a) In addition to the taxes imposed under​
1.8 subdivision 1, a tax is imposed on the combined net receipts of the organization. As used​
1.9 in this section, "combined net receipts" is the sum of the organization's gross receipts from​
1.10 lawful gambling less gross receipts directly derived from the conduct of paper bingo, raffles,​
1.11 and paddlewheels, as defined in section 297E.01, subdivision 8, and less the net prizes​
1.12 actually paid, other than prizes actually paid for paper bingo, raffles, and paddlewheels, for​
1.13 the fiscal year. The combined net receipts of an organization are subject to a tax computed​
1.14 according to the following schedule:​
The tax is:​1.15 If the combined net receipts​
1.16 for the fiscal year are:​
eight seven percent​1.17 Not over $87,500​
$7,000 $6,125 plus 17 15 percent of​
the amount over $87,500, but not over​
1.20 $122,500​
1.18 Over $87,500, but not over​
1.19 $122,500​
$12,950 $11,375 plus 25 22 percent​
of the amount over $122,500, but not​
1.23 over $157,500​
1.21 Over $122,500, but not​
1.22 over $157,500​
$21,700 $19,075 plus 33.5 30 percent​
1.25 of the amount over $157,500​
1.24 Over $157,500​
1​Section 1.​
25-01370 as introduced​01/14/25 REVISOR EAP/ES​
SENATE​
STATE OF MINNESOTA​
S.F. No. 937​NINETY-FOURTH SESSION​
(SENATE AUTHORS: NELSON)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​259​02/03/2025​
Referred to Taxes​

2.1 (b) Gross receipts derived from sports-themed tipboards are exempt from taxation under​
2.2 this section. For purposes of this paragraph, a sports-themed tipboard means a sports-themed​
2.3 tipboard as defined in section 349.12, subdivision 34, under which the winning numbers​
2.4 are determined by the numerical outcome of a professional sporting event.​
2.5 EFFECTIVE DATE.This section is effective July 1, 2025.​
2​Section 1.​
25-01370 as introduced​01/14/25 REVISOR EAP/ES​