All lawful gambling receipts flat rate tax enactment

This bill replaces Minnesota's existing tiered tax on gambling with a flat 8.5% tax on all lawful gambling gross receipts minus prizes paid. It directly affects gambling organizations (like casinos and racetracks) that currently pay a combined net receipts tax under Minnesota Statutes 297E.02, subdivision 6. The key change eliminates the previous multi-tiered tax structure (with rates from 8% to 33.5%) and simplifies the calculation to a single flat rate. The new tax takes effect July 1, 2025, and repeals the old tiered tax provision.