Loading chat...
ND HB1426
Bill
Status
1/17/2023
Primary Sponsor
Karen Karls
Click for details
AI Summary
-
Imposes a gaming tax on licensed organizations' adjusted gross proceeds computed and paid quarterly to the attorney general, with tax rates of 1% for proceeds not exceeding $50,000 and $500 plus 12% for amounts exceeding $50,000.
-
Establishes a separate 1% gaming tax on gross proceeds from raffles conducted by licensed organizations with adjusted gross proceeds exceeding $50,000.
-
Requires the attorney general to deposit 50% of gaming taxes, monetary fines, and interest and penalties collected from veteran organizations into the veterans' postwar trust fund.
-
Directs the attorney general to deposit remaining gaming taxes, fines, and penalties into the charitable gaming operating fund.
Legislative Description
Veteran service organization gaming taxes.
Last Action
Second reading, failed to pass, yeas 45 nays 46
2/22/2023