Minnesota Sports Betting Bill Amended
March 22, 2024
On March 21st, a House version of a sports betting bill (HF 2000), had a committee hearing in the State and Local Government Finance and Policy Committee. The bill was amended and re-referred to the Committee on Taxes.
Amendments to the House bill:
- Licensing fees were increased
- The tax rate was changed from 10% to 20%, which now matches the tax rate change that was made to the Senate sports betting bill
- Charitable gaming tax rates to be lowered in phases over the next few years
- With this amendment, there is support of the bill from the charitable gaming stakeholders
The tracks continue to be opposed to HF 2000. Getting the support of the tracks is crucial to getting a bill across the finish line.