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HF 1462

1st Engrossment - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
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Bill Text Versions

Engrossments
Introduction Posted on 02/26/2007
1st Engrossment Posted on 03/13/2007

Current Version - 1st Engrossment

Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9 1.10 1.11
1.12 1.13

A bill for an act
 relating to sales and use tax; exempting construction materials used in a
biobusiness center; amending Minnesota Statutes 2006, section 297A.71, by
adding a subdivision.

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

Section 1.

Minnesota Statutes 2006, section 297A.71, is amended by adding a
subdivision to read:


new text begin Subd. 40. new text end

new text begin Biobusiness center. new text end

new text begin Materials, supplies, used or consumed in, and
equipment incorporated into, the initial construction of a biobusiness center and related
infrastructure in the city of Rochester for which the city received funding for the related
infrastructure under Laws 2006, chapter 258, section 21, subdivision 7, are exempt.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for sales and purchases made after
June 30, 2007.
 new text end