A Senate proposed bill today took another step forward, but not without undergoing several additional changes.
The Minnesota Senate Committee on Taxes moved Sen. Matt Klein’s (DFL-53) sports betting bill, , ahead to the Senate Committee on Finance, but not before the bill s tax rate was doubled and sports betting tax revenue distributions were altered.
Klein s bill now taxes sports betting at a 20% rate and state charities will receive more revenue.
Minnesota Sports Betting Bill a Work in Progress
The bill, a holdover from the 2023 legislative session, has been drastically altered this month. Last week, the Minnesota Senate Commerce and Consumer committee approved an amendment to in the bill. Proposed by Sen. Jordan Rasmusson (R-9), the amendment aims to …