MN HF2219

Expands the sales tax exemption for prize property to include tangible personal property awarded as prizes in connection with lawful gambling as defined in section 349.12, effective after June 30, 2019.

Creates a new sales tax exemption for the lease or purchase of gambling equipment by organizations licensed to conduct lawful gambling under chapter 349, effective after June 30, 2019.

Clarifies that the prize exemption does not apply to property awarded as prizes in connection with the State Lottery.

Makes technical amendments to gambling tax collection and disposition provisions, effective July 1, 2019.