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MN SF4243

Bill

Status

Introduced

2/26/2024

Primary Sponsor

David Dibble

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Reduces the sales tax rate on retail on-sales of intoxicating liquor and fermented malt beverages in the downtown taxing area from 3 percent to 2.5 percent
  • Reduces the sales tax rate on all sales of food by restaurants and places of refreshment in the downtown taxing area from 3 percent to 2.5 percent
  • Extends the requirement that taxes cannot be terminated before January 1, 2047
  • Excludes any property in a zone contained in chapter 546 of the Minneapolis Zoning Code where a restaurant with a wine license is operated from the downtown taxing area
  • Changes to the downtown taxing area boundaries replace references to "8th Street" with "Portland Avenue South" and "Burlington Northern Railroad tracks" with "Plymouth Avenue North"
  • Effective for sales made after August 1, 2024

Legislative Description

Minneapolis downtown taxing area modifications and Minneapolis sales tax rate on food and alcoholic beverages modifications

Last Action

Referred to Taxes

2/26/2024

Committee Referrals

Taxes2/26/2024

Full Bill Text

No bill text available