Minnesota SF3130 reduces combined net receipts tax rates and expands brackets for lawful gambling.
Minnesota SF3130 amends the state's taxation laws to reduce the combined net receipts tax rates for lawful gambling and expand the tax brackets. The bill modifies the tax schedule to lower the tax percentages for different income ranges. Additionally, it exempts gross receipts from sports-themed tipboards from this tax. The changes will take effect on July 1, 2025.
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