ND HB1509

Amends North Dakota Century Code section 53-06.1-12 to create a separate tax rate for raffles conducted by licensed organizations with adjusted gross proceeds exceeding fifty thousand dollars.

Licensed organizations conducting raffles with over $50,000 in adjusted gross proceeds pay a one percent tax on gross raffle proceeds instead of the tiered tax structure (one percent on proceeds up to $50,000, or $500 plus twelve percent on proceeds exceeding $50,000).

Raffle gaming tax must be computed and paid quarterly to the attorney general on tax returns and is paid from adjusted gross proceeds without being counted as an allowable expense.

The attorney general deposits all gaming taxes, monetary fines, and interest and penalties collected into the charitable gaming operating fund.

The act applies retroactively to raffles conducted after June 30, 2021, and becomes effective upon filing with the secretary of state.