as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 01/30/1997 |
1.1 A bill for an act 1.2 relating to taxation; providing a sales tax exemption 1.3 for the Lake Superior Center Authority; amending 1.4 Minnesota Statutes 1996, section 297A.25, by adding a 1.5 subdivision. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 1996, section 297A.25, is 1.8 amended by adding a subdivision to read: 1.9 Subd. 62. [CONSTRUCTION MATERIALS; LAKE SUPERIOR 1.10 CENTER.] Construction materials and supplies are exempt from the 1.11 tax imposed under this chapter, regardless of whether purchased 1.12 by the owner, a contractor, or builder, provided the materials 1.13 and supplies are used or consumed in constructing the Lake 1.14 Superior Center. 1.15 Sec. 2. [EFFECTIVE DATE.] 1.16 Section 1 is effective for construction materials and 1.17 supplies purchased after January 1, 1997.