as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:34am
A bill for an act
relating to charitable gambling; providing for the gross receipts tax on pull-tabs
and tipboards to be imposed and paid on a site-by-site basis; amending Minnesota
Statutes 2008, section 297E.02, subdivision 6.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2008, section 297E.02, subdivision 6, is amended to read:
In addition to the taxes imposed under
subdivisions 1 and 4, a tax is imposed on the combined receipts of the organization. As
used in this section, "combined receipts" is the sum of the organization's gross receipts
from lawful gambling less gross receipts directly derived from the conduct of bingo,
raffles, and paddle wheels, as defined in section 297E.01, subdivision 8, for the fiscal year.
The combined receipts of an organization are subject to a tax computed according to
the following schedule:
If the combined receipts for the fiscal year are: |
The tax is: |
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Not over $500,000 |
zero |
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Over $500,000, |
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but not over $700,000 |
1.7 percent of the amount over $500,000, but not over $700,000 |
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Over $700,000, |
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but not over $900,000 |
$3,400 plus 3.4 percent of the amount over $700,000, but not over $900,000 |
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Over $900,000 |
$10,200 plus 5.1 percent of the amount over $900,000 |
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The tax imposed under this subdivision is payable by the organization or party
conducting, directly or indirectly, the gambling on a site-by-site basis.
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This section is effective July 1, 2009.
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