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Bill > HF668
MN HF668
MN HF668Sales and use tax provisions modified, annual tax holiday period provided for sales and purchases of school supplies.
summary
Introduced
01/23/2023
01/23/2023
In Committee
01/23/2023
01/23/2023
Crossed Over
Passed
Dead
05/20/2024
05/20/2024
Introduced Session
93rd Legislature 2023-2024
Bill Summary
A bill for an act relating to taxation; sales and use; providing annual tax holiday period for sales and purchases of school supplies; amending Minnesota Statutes 2022, section 297A.68, by adding a subdivision.
AI Summary
This bill amends Minnesota's sales and use tax law to provide an annual tax holiday period for the sale and purchase of school supplies. During the seven days prior to Labor Day, school supplies with a value of $100 or less per item will be exempt from sales tax. The term "school supplies" is defined to include items like pencils, pens, notebooks, textbooks, and lunch boxes, but excludes certain products not primarily used for school purposes. The provisions of this bill will be effective for sales and purchases made after June 30, 2023.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Author added Zeleznikar (on 04/18/2023)
Taxonomy
Education
- ‐ Elementary and Secondary Education
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0668&ssn=0&y=2023 | 01/23/2023 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF668&version=0&session=ls93&session_year=2023&session_number=0&format=pdf | 01/23/2023 |
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