MN HF1655

Creates a sales and use tax exemption for building materials, supplies, and equipment used in aquatic shrimp farms and shrimp processing facilities in Minnesota.

Defines "aquatic shrimp farm" as a facility for culturing shrimp in artificial ponds, vats, tanks, raceways, or other indoor/outdoor facilities owned or exclusively controlled by an aquatic shrimp farmer.

Defines "shrimp processing facility" as a facility used primarily for processing and packaging marketable products made of or from shrimp.

Exemption applies to sales and purchases made after June 30, 2017.

Amends Minnesota Statutes 2016, section 297A.71, by adding subdivision 49.