Loading chat...
ND SB2217
Bill
Status
1/13/2017
Primary Sponsor
Merrill Piepkorn
Click for details
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