SF 741

as introduced - 91st Legislature (2019 - 2020) Posted on 01/31/2019 04:10pm

A bill for an act
relating to taxation; sales and use; county agricultural societies; providing an
exemption for county agricultural society sales at county fairs; amending Minnesota
Statutes 2018, sections 38.27, by adding a subdivision; 297A.70, by adding a
subdivision.

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

Section 1.

Minnesota Statutes 2018, section 38.27, is amended by adding a subdivision
to read:

new text begin Subd. 4. new text end

new text begin Use of a portion of county fair revenues. new text end

new text begin A county agricultural society must
annually determine the amount of sales tax savings attributable to section 297A.70,
subdivision 21. If the county agricultural society owns its own fairgrounds, it must use the
amount equal to the sales tax savings to maintain, improve, or expand society owned
buildings and facilities on the fairgrounds; otherwise it must transfer this amount to the
owner of the fairgrounds. An owner that receives a transfer of money under this subdivision
must use the transferred amount to maintain, improve, and expand entity owned buildings
and facilities on the county fairgrounds.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective July 1, 2019.
new text end

Sec. 2.

Minnesota Statutes 2018, section 297A.70, is amended by adding a subdivision to
read:

new text begin Subd. 21. new text end

new text begin County agricultural society sales at county fairs. new text end

new text begin Sales by a county
agricultural society during a regularly scheduled county fair are exempt. For purposes of
this subdivision, sales include admissions to and parking at the county fairgrounds,
admissions to separately ticketed events run by the county agricultural society, and
concessions and other sales made by employees or volunteers of the county agricultural
society on the county fairgrounds. This exemption does not apply to sales or events by a
county agricultural society held at a time other than at the time of the regularly scheduled
county fair, or events not held on the county fairgrounds.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for sales and purchases made after June
30, 2019.
new text end