Lawful gambling; combined net receipts tax rates reduced and brackets expanded.

HF 797 lowers tax rates for Minnesota gambling organizations and expands the tax brackets for lawful gambling revenue. It reduces the tax rate on the first $87,500 of taxable gambling revenue from 8.3% to 3% and adjusts other brackets, such as lowering the rate above $157,500 from 33.5% to 26%. The bill directly affects casinos, sports betting operations, and other licensed gambling entities, excluding sports-themed tipboards (which remain exempt). These changes take effect July 1, 2025, and aim to reduce the tax burden on gambling revenue under Minnesota's current structure.