Portion of proceeds of the combined net receipts tax allocated.

HF 375 amends Minnesota law to specify how proceeds from gambling-related taxes are allocated. It directs a portion of these tax revenues - specifically, the combined net receipts tax from gambling - to three designated accounts: town roads, small cities assistance, and the general fund. Additionally, it allocates half a percent of the general fund revenue to two state programs: compulsive gambling treatment services and public awareness/education initiatives for problem gambling. The bill requires annual reporting to legislative committees and the National Council on Problem Gambling affiliate on how these funds are distributed.