Combined net receipts tax rates reduction and brackets expansion

Minnesota Senate Bill 3130 reduces tax rates and expands income brackets for gambling organizations under the state's combined net receipts tax. It directly affects businesses operating lawful gambling activities like bingo, raffles, and paddlewheels by lowering their tax burden across all income levels - such as reducing the top rate from 25% to 18% for income between $122,500 and $200,000. The bill amends Minnesota Statutes section 297E.02 to implement these changes, effective July 1, 2025. It also exempts sports-themed tipboard gambling from taxation, as defined under existing law.