as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 11:32pm
Engrossments | ||
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Introduction | Posted on 02/08/2010 |
A bill for an act
relating to lawful gambling; creating a temporary tax exemption for charitable
contributions to local governments.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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Taxes paid by lawful gambling organizations shall be reduced by the amount
of contributions made by lawful gambling organizations to local governments under
Minnesota Statutes, section 349.12, subdivision 25. The Department of Revenue shall
refund tax revenues offset by this provision on a quarterly basis.
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This provision is effective for fiscal years 2011, 2012, and
2013, and is repealed after fiscal year 2013.
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