as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 01/23/2003 |
1.1 A bill for an act 1.2 relating to payment of interest on certain sales tax 1.3 refunds; providing for payment of interest after 90 1.4 days; amending Minnesota Statutes 2002, sections 1.5 289A.56, subdivision 4; 297A.75, subdivision 4. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 2002, section 289A.56, 1.8 subdivision 4, is amended to read: 1.9 Subd. 4. [CAPITAL EQUIPMENT AND CERTAIN BUILDING MATERIALS 1.10 REFUNDS; REFUNDS TO PURCHASERS.] Notwithstanding subdivision 3, 1.11 for refunds payable under section 297A.75, subdivision 1.12 1,clauses (1), (2), (3), and (5),interest is computed from 90 1.13 days after the date the refund claim is filed with the 1.14 commissioner. For refunds payable under section 289A.50, 1.15 subdivision 2a, interest is computed from the 20th day of the 1.16 month following the month of the invoice date for the purchase 1.17 which is the subject of the refund, if the refund claim includes 1.18 a detailed schedule of purchases made during each of the periods 1.19 in the claim. If the refund claim submitted does not contain a 1.20 schedule reflecting purchases made in each period, interest is 1.21 computed from the date the claim was filed. 1.22 [EFFECTIVE DATE.] This section is effective for refund 1.23 claims filed on or after January 15, 2003. 1.24 Sec. 2. Minnesota Statutes 2002, section 297A.75, 1.25 subdivision 4, is amended to read: 2.1 Subd. 4. [INTEREST.] Interest must be paid on the refund 2.2 under this section at the rate in section 270.76from the date2.3the refund claim is filed for taxes paid under subdivision 1,2.4clauses (1) to (3), and (5), andfrom6090 days after the date 2.5 the refund claim is filed with the commissionerfor claims filed2.6under subdivision 1, clauses (4), (6), (7), (8), and (9)until 2.7 the refund is paid. 2.8 [EFFECTIVE DATE.] This section is effective for refund 2.9 claims filed on or after January 15, 2003.