1.1                          A bill for an act 
  1.2             relating to taxation; extending a sales tax exemption 
  1.3             for certain tangible personal property purchased by 
  1.4             people who own horses; amending Minnesota Statutes 
  1.5             1995 Supplement, section 297A.25, subdivision 57. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 1995 Supplement, section 
  1.8   297A.25, subdivision 57, is amended to read: 
  1.9      Subd. 57.  [HORSES.] The gross receipts from the sale of 
  1.10  horses, including racehorses, and all sales to persons who own, 
  1.11  raise, or board horses, of all materials, including feed and 
  1.12  bedding, used or consumed in the breeding, raising, and keeping 
  1.13  of horses, are exempt.  Machinery, equipment, implements, tools, 
  1.14  appliances, furniture, and fixtures, used in the breeding, 
  1.15  raising, and keeping of horses, are not included within this 
  1.16  exemption. 
  1.17     Sec. 2.  [EFFECTIVE DATE.] 
  1.18     Section 1 is effective for sales after June 30, 1996.