SF 3223

as introduced - 89th Legislature (2015 - 2016) Posted on 03/25/2016 10:11am

A bill for an act
relating to taxes; sales and use; providing a small business refund for the cost
of using a certified service provider or a certified automated system; proposing
coding for new law in Minnesota Statutes, chapter 297A.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin [297A.816] SMALL BUSINESS COLLECTION CREDIT.
new text end

new text begin Subdivision 1. new text end

new text begin Eligibility. new text end

new text begin A retailer or seller that is a small business may apply
to the commissioner for a refund for the annual cost of employing a certified service
provider or a certified automated system to collect and remit the appropriate amount of
sales taxes collected on their sales.
new text end

new text begin Subd. 2. new text end

new text begin Definitions. new text end

new text begin (a) For purposes of this section, the following terms have the
meanings given in this subdivision.
new text end

new text begin (b) "Certified service provider" and "certified automated system" have the meanings
given in article II of the Streamlined Sales and Use Tax Agreement, as amended through
May 15, 2014.
new text end

new text begin (c) "Small business" means a small business as defined in section 645.445.
new text end

new text begin Subd. 3. new text end

new text begin Application; administration. new text end

new text begin Upon application on forms prescribed
by the commissioner, a refund of the costs under subdivision 1 must be paid to the
qualifying small business. The application must provide sufficient information to permit
the commissioner to verify that the business qualifies and to document the actual costs
incurred. An applicant may file one application per calendar year for expenses incurred in
its latest fiscal year ending prior to the date of application.
new text end

new text begin Subd. 4. new text end

new text begin Interest. new text end

new text begin Interest must be paid on the refund at the rate in section
270C.405, from 90 days after the refund claim is filed with the commissioner.
new text end

new text begin Subd. 5. new text end

new text begin Appropriation. new text end

new text begin The amount required to pay the refunds under this section
is appropriated to the commissioner from the general fund.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective beginning with costs after June
30, 2016.
new text end