The Minnesota House of Representatives Taxes Committee approved Rep. Zack Stephenson’s sports betting bill, HF 2000, by a 12-9 vote, re-referring the bill to the House Ways and Means Committee. The new law would lead to a $40 million tax cut for the organizations by the third year of sports betting operation. Rep. Greg Davids (R-22A) said it’s sad that charitable gaming organizations will not see tax relief this year.
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