1st Engrossment - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to taxation; sales and use; changing the 1.3 exemption for farm machinery; amending Minnesota 1.4 Statutes 1996, section 297A.25, subdivision 59. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. Minnesota Statutes 1996, section 297A.25, 1.7 subdivision 59, is amended to read: 1.8 Subd. 59. [FARM MACHINERY.]From July 1, 1994, until June1.930, 1997,The gross receipts from the sale of new and used farm 1.10 machinery are exempt. 1.11 Sec. 2. [EFFECTIVE DATE.] 1.12 Section 1 is effective for sales after June 30, 1997.