1.1                          A bill for an act
  1.2             relating to taxes; sales and use; exempting new farm 
  1.3             equipment and aquaculture production equipment; 
  1.4             amending Minnesota Statutes 1997 Supplement, section 
  1.5             297A.25, subdivision 59, and by adding a subdivision; 
  1.6             repealing Minnesota Statutes 1996, section 297A.02, 
  1.7             subdivision 2. 
  1.8   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.9      Section 1.  Minnesota Statutes 1997 Supplement, section 
  1.10  297A.25, subdivision 59, is amended to read: 
  1.11     Subd. 59.  [FARM MACHINERY.] The gross receipts from the 
  1.12  sale of ~~used~~ farm machinery are exempt. 
  1.13     Sec. 2.  Minnesota Statutes 1996, section 297A.25, is 
  1.14  amended by adding a subdivision to read: 
  1.15     Subd. 73.  [AQUACULTURE PRODUCTION EQUIPMENT.] The gross 
  1.16  receipts from the sale of aquaculture production equipment are 
  1.17  exempt. 
  1.18     Sec. 3.  [REPEALER.] 
  1.19     Minnesota Statutes 1996, section 297A.02, subdivision 2, is 
  1.20  repealed. 
  1.21     Sec. 4.  [EFFECTIVE DATE.] 
  1.22     Sections 1 to 3 are effective for sales made after June 30, 
  1.23  1998.