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Bill > HF668


MN HF668

MN HF668
Sales and use tax provisions modified, annual tax holiday period provided for sales and purchases of school supplies.


summary

Introduced
01/23/2023
In Committee
01/23/2023
Crossed Over
Passed
Dead
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

bill text


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