ND Senate Votes to Lower Charitable Gambling TaxCharities would have much smaller gambling tax bills under a measure that the North Dakota Senate approved on Thursday.
By: Associated Press,
BISMARCK, N.D. (AP) — Charities would have much smaller gambling tax bills under a measure that the North Dakota Senate approved on Thursday.
The legislation replaces an array of state gambling taxes with a 1 percent flat rate on wagers.
It would save charities almost $11 million in taxes every two years.
Park River Sen. Joe Miller says the taxes are cumbersome.
Charity representatives say their gambling income has been falling and a large chunk of their revenues go to pay taxes.
Hazen Sen. Randy Christmann says he'd prefer tax breaks on things other than gambling, but he backed the measure.
The bill passed 41-5. It now heads to the House. It is SB2042.