HF 1372

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to taxation; sales and use taxes; exempting 
  1.3             purchases of materials and supplies used in expanding 
  1.4             an agricultural processing facility; amending 
  1.5             Minnesota Statutes 1998, section 297A.25, by adding a 
  1.6             subdivision. 
  1.7   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.8      Section 1.  Minnesota Statutes 1998, section 297A.25, is 
  1.9   amended by adding a subdivision to read: 
  1.10     Subd. 79.  [CONSTRUCTION MATERIALS AND SUPPLIES; 
  1.11  AGRICULTURAL PROCESSING FACILITY.] Purchases of construction 
  1.12  materials, supplies, and equipment are exempt from the sales and 
  1.13  use taxes imposed under this chapter, regardless of whether 
  1.14  purchased by the owner or a contractor, subcontractor, or 
  1.15  builder, if: 
  1.16     (1) the materials, supplies, and equipment are used or 
  1.17  consumed in the expansion, remodeling, or improvement of a 
  1.18  facility used for cattle slaughtering; 
  1.19     (2) the cost of the expansion or improvement project 
  1.20  exceeds $20,000,000; 
  1.21     (3) the capacity of the facility is increased by at least 
  1.22  33 percent; 
  1.23     (4) the number of jobs at the facility will increase by at 
  1.24  least 250 when the project is completed; and 
  1.25     (5) the project is completed by December 31, 2001. 
  1.26     Sec. 2.  [EFFECTIVE DATE.] 
  2.1      Section 1 is effective for purchases and sales after the 
  2.2   date of final enactment.