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MN SF3685
Bill
Status
Introduced
2/27/2020
Primary Sponsor
Bill Weber
Click for details
AI Summary
- County agricultural societies must annually determine sales tax savings attributable to section 297A.70, subdivision 21
- If the county agricultural society owns its own fairgrounds, it must use the sales tax savings amount to maintain, improve, or expand society-owned buildings and facilities on the fairgrounds
- If the county agricultural society does not own its own 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 societies revenue portion required use modification
Last Action
Comm report: To pass and re-referred to Taxes
3/11/2020
Committee Referrals
Taxes3/11/2020
Agriculture, Rural Development, and Housing Finance2/27/2020
Full Bill Text
No bill text available