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MN HF3767
Bill
Status
Introduced
2/24/2020
Primary Sponsor
Jeff Brand
Click for details
AI Summary
- County agricultural societies must annually determine sales tax savings attributable to Minnesota Statutes section 297A.70, subdivision 21
- If a county agricultural society owns its fairgrounds, it must use the sales tax savings amount to maintain the fairgrounds or maintain, improve, or expand society-owned buildings and facilities
- If the society does not own the fairgrounds, it must transfer the sales tax savings amount to the fairgrounds owner
- Fairgrounds owners receiving transferred funds must use the amount to maintain, improve, and expand entity-owned buildings and facilities on the county fairgrounds
- The amendment is effective beginning July 1, 2020
Legislative Description
County agricultural society county fair revenue use modified.
Last Action
Committee report, to adopt as amended and re-refer to Taxes
3/4/2020
Committee Referrals
Taxes3/4/2020
Agriculture and Food Finance & Policy2/24/2020
Full Bill Text
No bill text available