ND HB1212

Creates the charitable gaming operating fund in the state treasury, consisting of all gaming taxes, monetary fines, and interest and penalties collected under charitable gaming law.

Allocates quarterly distributions from the charitable gaming operating fund: $10,000 to the gambling disorder prevention and treatment fund, and 5% of total deposited moneys to cities and counties based on taxes collected from licensed organizations within their jurisdictions.

Directs the attorney general to certify accumulated funds exceeding the amount appropriated for administrative and operating costs to the state treasurer on or before June 30th of each odd-numbered year for transfer to the general fund.

Modifies the gaming tax rate structure: 1% on adjusted gross proceeds not exceeding $1,550,000, and 12% on proceeds exceeding $1,550,000 (plus a fixed $15,500 base amount on the excess).

Effective for taxable events occurring after June 30, 2021.