as introduced - 92nd Legislature (2021 - 2022) Posted on 04/04/2022 05:09pm
Engrossments | ||
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Introduction | Posted on 03/28/2022 |
A bill for an act
relating to taxation; sales and use tax; State Agricultural Society; allowing a
temporary suspension of the sales and use tax remittance requirements for certain
state fair sales.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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For the annual state
fair held in calendar years 2022 and 2023 only, the tax imposed under Minnesota Statutes,
section 297A.62, subdivision 1, on sales of tickets to the premises of or events sponsored
by the State Agricultural Society and conducted on the State Fairgrounds during and prior
to the period of the annual state fair may be retained by the State Agricultural Society if the
funds are used as required under subdivision 2.
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The State Agricultural Society shall spend the amount
of sales tax retained under subdivision 1 to maintain and improve state-owned buildings
and facilities on the State Fairgrounds.
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For purposes of this section, the meaning of the terms "State
Agricultural Society," "state fair," and "State Fairgrounds" fall within the meaning of those
terms as used in Minnesota Statutes, chapter 37.
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This section is effective the day following final enactment.
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