Amusement device gross receipts tax establishment

SF 1386 creates a new 6.875% tax on gross receipts from amusement devices operated in Minnesota, replacing existing sales taxes for these devices. It directly affects owners of devices like video games, pinball machines, arcade games, bowling alleys, and photo booths (excluding vending machines and lottery devices). The tax must be reported and paid quarterly by device owners, with 6.5% of revenue going to the general fund and 0.375% to a constitutional fund. This tax takes effect July 1, 2025, and applies to all qualifying devices in the state.