SF 4880

Introduction - 94th Legislature (2025 - 2026)

Posted on 03/27/2026 09:16 a.m.

A bill for an act
relating to taxation; sales and use; providing a temporary sales tax holiday in July
2026.

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

Section 1. new text begin SALES TAX HOLIDAY; TAX EXEMPTION ANNIVERSARY ACT.
new text end

new text begin (a) In honor of the 250th anniversary of the United States, the retail sale of tangible
personal property is exempt from the tax imposed under Minnesota Statutes, chapter 297A,
during the period from 12:01 a.m. on July 1, 2026, through 11:59 p.m. on July 31, 2026.
new text end

new text begin (b) For the purposes of this section, "tangible personal property" has the meaning given
in Minnesota Statutes, section 297A.61, subdivision 10. Tangible personal property does
not include alcohol, taxable cannabis products, or motor vehicles.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end