HF 1248

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

A bill for an act
relating to taxation; sales and use tax; exempting certain materials and equipment
used to construct a commuter rail system; amending Minnesota Statutes 2006,
section 297A.71, by adding a subdivision.

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

Section 1.

Minnesota Statutes 2006, section 297A.71, is amended by adding a
subdivision to read:

new text begin Subd. 40. new text end

new text begin Commuter rail; material, supplies, and equipment. new text end

new text begin Materials and
supplies used or consumed in, and equipment incorporated into, the construction or
improvement of a commuter rail transportation system operated under sections 174.80
to 174.90 are exempt. This exemption includes railroad cars and engines and related
equipment.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for sales and purchases made after
December 31, 2006.
new text end