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HF 3767

1st Engrossment - 91st Legislature (2019 - 2020) Posted on 03/04/2020 04:26pm

KEY: stricken = removed, old language.
underscored = added, new language.
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Engrossments
Introduction Posted on 02/24/2020
1st Engrossment Posted on 03/04/2020

Current Version - 1st Engrossment

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A bill for an act
 relating to county agricultural societies; modifying the required use for a portion
of revenues; amending Minnesota Statutes 2019 Supplement, section 38.27,
subdivision 4.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2019 Supplement, section 38.27, subdivision 4, is amended
to read:


Subd. 4.

Use of a portion of county fair revenues.

A county agricultural society must
annually determine the amount of sales tax savings attributable to section 297A.70,
subdivision 21. deleted text begin Ifdeleted text end The county agricultural society deleted text begin owns its own fairgrounds, itdeleted text end must use the
amount equal to the sales tax savings to new text begin maintain the fairgrounds ornew text end maintain, improve, or
expand society-owned buildings and facilities on the fairgroundsdeleted text begin ; otherwise it must transfer
this amount to the owner of the fairgrounds. An owner that receives a transfer of money
under this subdivision must use the transferred amount to maintain, improve, and expand
entity owned buildings and facilities on the county fairgroundsdeleted text end .

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective beginning July 1, 2020.
 new text end