HF 2130

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to taxation; imposing a gross receipts tax on
card club operations; amending Minnesota Statutes
2004, section 240.30, by adding a subdivision.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2004, section 240.30, is
amended by adding a subdivision to read:

new text begin Subd. 11. new text end

new text begin Gross receipts tax. new text end

new text begin As a condition of
operating a card club under this section, the licensee must pay
a gross receipts tax to the commission equal to 14 percent of
the gross receipts, less any refunds, for charges imposed under
subdivision 4. Payment, collection, and administration of the
tax must be made in the same manner and under the terms provided
under section 240.15 for the tax on pari-mutuel pools. The
commission shall deposit all of the revenues from the tax in the
state treasury and amounts deposited must be credited to the
general fund. The amount of the tax does not reduce the
obligation to set aside revenues from the card club under
section 240.135.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for gross
receipts received after June 30, 2005.
new text end