HF 2742

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/08/2023 09:36am

A bill for an act
relating to taxation; sales and use; providing an exemption for certain fencing;
amending Minnesota Statutes 2022, section 297A.69, subdivision 4.

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

Section 1.

Minnesota Statutes 2022, section 297A.69, subdivision 4, is amended to read:

Subd. 4.

Machinery, equipment, and fencing.

The following machinery, equipment,
and fencing is exempt:

(1) farm machinery;

(2) logging equipment, including chain saws used for commercial logging;

(3) fencing new text begin :
new text end

new text begin (i) new text end used for the containment of farmed Cervidae, as defined in section 35.153, subdivision
3; new text begin or
new text end

new text begin (ii) used directly and principally in agricultural production of tangible personal property
intended to be sold ultimately at retail;
new text end

(4) primary and backup generator units used to generate electricity for the purpose of
operating farm machinery, aquacultural production equipment, or logging equipment, or
providing light or space heating necessary for the production of livestock, dairy animals,
dairy products, or poultry and poultry products; and

(5) aquaculture production equipment.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for sales and purchases made after June
30, 2023.
new text end