SF 1977

Introduction - 94th Legislature (2025 - 2026)

Posted on 02/28/2025 10:38 a.m.

A bill for an act
relating to taxation; sales and use; exempting credit card transaction fees for certain
businesses; appropriating money.

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

Section 1. new text begin TEMPORARY SALES TAX EXEMPTION; CREDIT CARD
TRANSACTION FEES.
new text end

new text begin Subdivision 1. new text end

new text begin Exemption; refund. new text end

new text begin (a) For a business that meets the following criteria,
"sales price" as defined under Minnesota Statutes, section 297A.61, subdivision 7, does not
include credit card transaction fees charged to a customer for sales tax liability incurred
after June 30, 2020, and before January 1, 2024:
new text end

new text begin (1) located in a county with a population greater than 36,000 but less than 37,000 as of
the 2020 federal census; and
new text end

new text begin (2) licensed as a brewer under Minnesota Statutes, chapter 340A, and holds a retail
on-sale license.
new text end

new text begin (b) Businesses that paid sales and use taxes on items exempted under subdivision 1 may
apply for a refund in the form and manner prescribed by the commissioner of revenue. The
applicant must be the owner of a business that meets the criteria in paragraph (a). Refunds
must not be issued until after June 30, 2025.
new text end

new text begin Subd. 2. new text end

new text begin Appropriation. new text end

new text begin The amount required to pay the refunds under subdivision 1
is appropriated from the general fund to the commissioner of revenue.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective retroactively for sales and purchases
made after June 30, 2020, and before January 1, 2024.
new text end