SF 3169

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; use tax; expanding the de minimis 
  1.3             exemption for the use tax; amending Minnesota Statutes 
  1.4             1997 Supplement, section 297A.14, subdivision 4. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  Minnesota Statutes 1997 Supplement, section 
  1.7   297A.14, subdivision 4, is amended to read: 
  1.8      Subd. 4.  [DE MINIMIS EXEMPTION.] Purchases subject to use 
  1.9   tax under this section are exempt if (1) the purchase is made by 
  1.10  an individual for personal use, and (2) the total amount of 
  1.11  purchases made by a person, other than a person who has or is 
  1.12  obligated to have a permit under section 297A.04, that are 
  1.13  subject to the use tax do, does not exceed $770 in the calendar 
  1.14  year.  For purposes of this subdivision, "personal use" includes 
  1.15  purchases for gifts.  If an individual a person makes purchases, 
  1.16  which are subject to use tax, of more than $770 in the calendar 
  1.17  year the individual person must pay the use tax on the entire 
  1.18  amount.  This exemption does not apply to purchases made from 
  1.19  retailers who are required or registered to collect taxes under 
  1.20  this chapter. 
  1.21     Sec. 2.  [EFFECTIVE DATE.] 
  1.22     Section 1 is effective for purchases made after December 
  1.23  31, 1998.