as introduced - 90th Legislature (2017 - 2018) Posted on 03/02/2017 01:25pm
A bill for an act
relating to taxation; sales and use; exempting admissions to certain nonprofit BMX
tracks; amending Minnesota Statutes 2016, section 297A.70, by adding a
subdivision.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2016, section 297A.70, is amended by adding a subdivision
to read:
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Admissions to or charges for access to a
BMX track owned and operated by an exempt organization under section 501(c)(3) of the
Internal Revenue Code are exempt. For purposes of this subdivision "BMX track" means
a track designed for bicycle motocross racing and includes related training and riding areas
as well as the actual racing track or tracks. In order to qualify for the exemption under this
subdivision, the BMX track must be sanctioned by a national or regional governing body
for bicycle motocross racing.
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This section is effective for sales and purchases made after June
30, 2017.
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