as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to taxation; sales and use taxes; exempting 1.3 purchases of materials and supplies used in expanding 1.4 an agricultural processing facility; amending 1.5 Minnesota Statutes 1998, section 297A.25, by adding a 1.6 subdivision. 1.7 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.8 Section 1. Minnesota Statutes 1998, section 297A.25, is 1.9 amended by adding a subdivision to read: 1.10 Subd. 79. [CONSTRUCTION MATERIALS AND SUPPLIES; 1.11 AGRICULTURAL PROCESSING FACILITY.] Purchases of construction 1.12 materials, supplies, and equipment are exempt from the sales and 1.13 use taxes imposed under this chapter, regardless of whether 1.14 purchased by the owner or a contractor, subcontractor, or 1.15 builder, if: 1.16 (1) the materials, supplies, and equipment are used or 1.17 consumed in the expansion, remodeling, or improvement of a 1.18 facility used for cattle slaughtering; 1.19 (2) the cost of the expansion or improvement project 1.20 exceeds $20,000,000; 1.21 (3) the capacity of the facility is increased by at least 1.22 33 percent; 1.23 (4) the number of jobs at the facility will increase by at 1.24 least 250 when the project is completed; and 1.25 (5) the project is completed by December 31, 2001. 1.26 Sec. 2. [EFFECTIVE DATE.] 2.1 Section 1 is effective for purchases and sales after the 2.2 date of final enactment.