as introduced - 87th Legislature (2011 - 2012) Posted on 03/16/2011 09:58am
Engrossments | ||
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Introduction | Posted on 03/16/2011 |
A bill for an act
relating to taxation; sales and use; resale ticket purchases; amending Minnesota
Statutes 2010, section 297A.67, by adding a subdivision.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2010, section 297A.67, is amended by adding a
subdivision to read:
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For resale purchases made subsequent to the
purchase of a ticket from the initial seller, as defined under section 609.807, paragraph
(a), the original face value of a ticket, as defined under section 609.807, paragraph (a),
is exempt.
new text end
new text begin
This section is effective for sales and purchases made after
June 30, 2011.
new text end