A5336

Imposes a 9% surtax on incomes from prediction markets.

Establishes a 9% surtax on incomes derived from prediction markets, effective for privilege periods beginning on and after July 1, 2025, and taxable years beginning on and after January 1, 2026. Prediction markets involve participants making financial commitments on future events, such as elections or entertainment releases. The surtax applies to both prediction market operators and taxpayers, with specific provisions for S corporations and partnerships.