1.1 	A bill for an act
1.2 	relating to sales and excise taxes; repealing June accelerated payments;amending 
1.3 	Minnesota Statutes 2005 Supplement, section 289A.20, subdivision 4; repealing 
1.4 	Minnesota Statutes 2004, sections 289A.60, subdivision 15; 297F.09, subdivision 
1.5 	10; 297G.09, subdivision 9.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. Minnesota Statutes 2005 Supplement, section 289A.20, subdivision 4, 
1.8 	is amended to read:
1.9 		Subd. 4.Sales and use tax. (a) The taxes imposed by chapter 297A are due and 
1.10 	payable to the commissioner monthly on or before the 20th day of the month following the 
1.11 	month in which the taxable event occurred, or following another reporting period as the 
1.12 	commissioner prescribes or as allowed under section 289A.18, subdivision 4, paragraph 
1.13 	(f) or (g), except that use taxes due on an annual use tax return as provided under section 
1.14 	289A.11, subdivision 1, are payable by April 15 following the close of the calendar year.
1.15 	(b) A vendor having a liability of $120,000 or more during a fiscal year ending June 
1.16 	30 must remit the June liability for the next year in the following manner:
1.17 	(1) Two business days before June 30 of the year, the vendor must remit 85 percent 
1.18 	of the estimated June liability to the commissioner.
1.19 	(2) On or before August 20 of the year, the vendor must pay any additional amount 
1.20 	of tax not remitted in June.
1.21 	(c)(b) A vendor having a liability of:
1.22 	(1) $20,000 or more in the fiscal year ending June 30, 2005; or
1.23 	(2) $10,000 or more in the fiscal year ending June 30, 2006, and fiscal years 
1.24 	thereafter,
2.1 	must remit all liabilities on returns due for periods beginning in the subsequent calendar 
2.2 	year by electronic means on or before the 20th day of the month following the month in 
2.3 	which the taxable event occurred, or on or before the 20th day of the month following the 
2.4 	month in which the sale is reported under section 289A.18, subdivision 4, except for 85 
2.5 	percent of the estimated June liability, which is due two business days before June 30. The 
2.6 	remaining amount of the June liability is due on August 20.

2.7 	EFFECTIVE DATE. This section is effective for taxes collected in June 2007 
2.8 	and thereafter.

2.9 	Sec. 2.  REPEALER.
 2.10 	Minnesota Statutes 2004, sections 289A.60, subdivision 15; 297F.09, subdivision 
2.11 	10; and 297G.09, subdivision 9, are repealed.

2.12 	EFFECTIVE DATE. This section is effective for taxes collected in June 2007 
2.13 	and thereafter.