as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to taxes; sales and use; exempting new farm 1.3 equipment and aquaculture production equipment; 1.4 amending Minnesota Statutes 1997 Supplement, section 1.5 297A.25, subdivision 59, and by adding a subdivision; 1.6 repealing Minnesota Statutes 1996, section 297A.02, 1.7 subdivision 2. 1.8 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.9 Section 1. Minnesota Statutes 1997 Supplement, section 1.10 297A.25, subdivision 59, is amended to read: 1.11 Subd. 59. [FARM MACHINERY.] The gross receipts from the 1.12 sale ofusedfarm machinery are exempt. 1.13 Sec. 2. Minnesota Statutes 1996, section 297A.25, is 1.14 amended by adding a subdivision to read: 1.15 Subd. 73. [AQUACULTURE PRODUCTION EQUIPMENT.] The gross 1.16 receipts from the sale of aquaculture production equipment are 1.17 exempt. 1.18 Sec. 3. [REPEALER.] 1.19 Minnesota Statutes 1996, section 297A.02, subdivision 2, is 1.20 repealed. 1.21 Sec. 4. [EFFECTIVE DATE.] 1.22 Sections 1 to 3 are effective for sales made after June 30, 1.23 1998.