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ND SB2217

Bill

Status

Introduced

1/13/2017

Primary Sponsor

Merrill Piepkorn

Click for details

Origin

Senate

65th Legislative Assembly

AI Summary

  • Imposes a tiered gaming tax on licensed organizations: 1% on gross proceeds not exceeding $1.5 million, and $15,000 plus 2.25% on proceeds exceeding $1.5 million, paid quarterly to the attorney general.

  • Directs attorney general to deposit 7% of collected gaming taxes into a gaming tax allocation fund for quarterly distribution to cities and counties proportional to taxes collected from organizations within their jurisdiction.

  • Establishes a $200 minimum threshold for city or county allocations; amounts below this are redistributed to other municipalities for that quarter.

  • Deposits 50% of gaming taxes collected from veteran's organizations into the veterans' postwar trust fund.

  • Deposits remaining gaming taxes, monetary fines, and penalties into the state general fund.

Legislative Description

Gaming tax deposits and allocations.

Last Action

Second reading, failed to pass, yeas 10 nays 34

2/7/2017

Committee Referrals

Finance and Taxation1/13/2017

Full Bill Text

No bill text available