ND HB1465

Raises the lowest tax bracket threshold for licensed gaming organizations from $50,000 to $100,000 in quarterly adjusted gross proceeds, taxed at 1%

Reduces the middle bracket tax rate from 12% to 8% for proceeds between $100,000 and $200,000, with a base tax of $1,000 (up from $500)

Creates a new top bracket for proceeds exceeding $200,000, imposing a $9,000 base tax plus 12% on amounts above $200,000

Amends section 53-06.1-12 of the North Dakota Century Code governing charitable gaming taxation