Charitable gambling rates modification

This bill modifies tax rates for charitable organizations that operate gambling activities like bingo, raffles, and paddlewheels. It adjusts the tax schedule on their "combined net receipts" (revenue after prizes are paid), lowering the top tax rate from 33.5% to 16.75% for organizations earning over $157,500 annually. The bill also exempts revenue from sports-themed tipboards - where winning numbers are based on professional sports outcomes - from this tax. The changes take effect July 1, 2025, directly affecting Minnesota charities running these gambling events.