SF1956 (Legislative Session 94 (2025-2026))

Lawful gambling receipts imposed taxes repealer and various technical changes

Related bill: HF49

AI Generated Summary

The bill (S.F. No. 1956) proposes to repeal taxes on all lawful gambling receipts in Minnesota and make related technical changes to state tax laws. It includes amendments to several sections of the Minnesota Statutes, specifically modifying provisions related to taxation and regulatory oversight of lawful gambling. Furthermore, the bill repeals multiple statutes and administrative rules governing the taxation of charitable gambling operations.

Key aspects of the bill: - Eliminates taxes related to lawful gambling. - Amends and repeals various statutes concerning the collection, payment, and enforcement of gambling taxes. - Makes technical corrections to ensure consistency with the removal of these taxes.

Overall, this bill aims to remove the tax burden on lawful gambling activities in Minnesota and update the legal framework accordingly.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 26, 2025HouseFloorActionIntroduction and first reading
February 26, 2025SenateFloorActionIntroduction and first reading
February 26, 2025HouseFloorActionReferred toTaxes
February 26, 2025SenateFloorActionReferred toTaxes

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill amends liability provisions for tax obligations under section 270C.56.",
      "modified": [
        "Clarifies the conditions under which individuals are liable for tax payments."
      ]
    },
    "citation": "270C.56",
    "subdivision": "subdivision 1"
  }
]