Minnesota Session Laws - 1989, Regular Session

  

                         Laws of Minnesota 1989 

                        CHAPTER 110-H.F.No. 1357 
           An act relating to taxation; liquor; changing the time 
          limit for certain claims for refund; amending 
          Minnesota Statutes 1988, section 297C.06, subdivisions 
          2 and 5. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  Minnesota Statutes 1988, section 297C.06, 
subdivision 2, is amended to read: 
    Subd. 2.  [BAD DEBTS.] The commissioner may adopt rules 
providing a refund of the tax paid under this chapter on 
intoxicating liquor or wine if the tax paid qualifies as a bad 
debt under section 166(a) of the Internal Revenue Code of 1986, 
as amended through December 31, 1986 1988. 
    Sec. 2.  Minnesota Statutes 1988, section 297C.06, 
subdivision 5, is amended to read: 
    Subd. 5.  [CLAIMS; TIME LIMIT.] Claims for refund must be 
filed with the commissioner (1) for refunds under subdivision 1 
within one year from the date of the breakage or the destruction 
order; and (2) for refunds under subdivision 2, within two years 
one year of the date the product is sold to the retailer filing 
date of the taxpayer's federal income tax return containing the 
bad debt deduction that is being claimed.  Claimants under this 
section are subject to the notice requirements of section 
290.56, subdivision 2. 
    Presented to the governor May 5, 1989 
    Signed by the governor May 9, 1989, 6:24 p.m.