as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to taxation; exempting construction materials 1.3 and equipment used in or incorporated with the 1.4 construction of certain food processing plants; 1.5 amending Minnesota Statutes 2000, section 297A.71, by 1.6 adding a subdivision. 1.7 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.8 Section 1. Minnesota Statutes 2000, section 297A.71, is 1.9 amended by adding a subdivision to read: 1.10 Subd. 28. [CONSTRUCTION MATERIALS AND EQUIPMENT; 1.11 REPLACEMENT AGRICULTURAL PROCESSING FACILITY.] Materials and 1.12 supplies used or consumed in, and machinery and equipment 1.13 incorporated into, the construction of a meat-packing or 1.14 meat-processing facility are exempt if: 1.15 (1) the cost of the project exceeds $75,000,000; and 1.16 (2) the facility replaces a facility that was destroyed by 1.17 fire. 1.18 [EFFECTIVE DATE.] This section is effective for sales and 1.19 purchases made after March 31, 2002, and before January 1, 2005.