Minnesota Legislature
SF 1599
as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
Current Version - as introduced
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A bill for an act
relating to taxation; cigarette and tobacco products taxes; providing a distributor
discount; amending Minnesota Statutes 2006, sections 297F.08, subdivision 7;
297F.09, subdivision 2.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2006, section 297F.08, subdivision 7, is amended to read:
Subd. 7.
Price of stamps.
The commissioner shall sell stamps to any person
licensed as a distributornew text begin at a discount of 1.7 percent from the face amount of the stamps
purchased in any fiscal yearnew text end . The commissioner shall not sell stamps to any other person.
The commissioner may prescribe the method of shipment of the stamps to the distributor
as well as the quantities of stamps purchased.new text begin The commissioner shall not charge any
person licensed as a distributor the cost to print the stamps or the cost to ship the stamps to
the licensed distributor.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for sales of stamps made after June
30, 2007.
new text end
Sec. 2.
Minnesota Statutes 2006, section 297F.09, subdivision 2, is amended to read:
Subd. 2.
Monthly return; tobacco products distributor.
On or before the 18th
day of each calendar month, a distributor with a place of business in this state shall file
a return with the commissioner showing the quantity and wholesale sales price of each
tobacco product:
(1) brought, or caused to be brought, into this state for sale; and
(2) made, manufactured, or fabricated in this state for sale in this state, during the
preceding calendar month.
Every licensed distributor outside this state shall in like manner file a return showing the
quantity and wholesale sales price of each tobacco product shipped or transported to
retailers in this state to be sold by those retailers, during the preceding calendar month.
Returns must be made in the form and manner prescribed by the commissioner and
must contain any other information required by the commissioner. The return must be
accompanied by a remittance for the full tax liability shownnew text begin , less 1.7 percent of the liability
as compensation to reimburse the distributor for expenses incurred in the administration
of this chapternew text end . For distributors subject to the accelerated tax payment requirements in
subdivision 10, the return for the May liability is due two business days before June 30th
of the year and the return for the June liability is due on or before August 18th of the year.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for returns due after June 30, 2007.
new text end