as introduced - 92nd Legislature (2021 - 2022) Posted on 03/17/2022 02:21pm
A bill for an act
relating to taxation; sales and use; eliminating the exemption on the sale of
racehorses; amending Minnesota Statutes 2020, section 297A.69, subdivision 6.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2020, section 297A.69, subdivision 6, is amended to read:
(a) Horses, deleted text begin includingdeleted text end new text begin excludingnew text end racehorses, are
exempt.
(b) Materials, including feed and bedding, used or consumed in the breeding, raising,
owning, boarding, and keeping of horses are exempt. Machinery, equipment, implements,
tools, appliances, furniture, and fixtures used in the breeding, raising, owning, boarding,
and keeping of horses are not included within this exemption.
new text begin
This section is effective the day following final enactment.
new text end