Bill
Bill > SF1388
MN SF1388
MN SF1388Certain cigars exemption from the taxes imposed on tobacco products and premium cigars
summary
Introduced
02/13/2025
02/13/2025
In Committee
02/13/2025
02/13/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to taxation; tobacco products excise tax; exempting the sales of certain cigars from the taxes imposed on tobacco products and premium cigars; amending Minnesota Statutes 2024, section 297F.06, by adding a subdivision.
AI Summary
This bill amends Minnesota's tobacco tax law by creating a new exemption for cigars sold for interstate shipment, specifically allowing manufacturers or tobacco product distributors to sell cigars outside the state without being subject to the taxes normally imposed under section 297F.05, subdivisions 3 and 3a. The exemption means that when a cigar manufacturer or distributor ships cigars across state lines, they will not have to pay the standard tobacco product taxes that would typically apply to such sales. This change is set to take effect on July 1, 2025, which gives businesses and tax authorities time to prepare for the new regulation. The bill aims to provide a specific tax relief mechanism for cigar businesses engaged in interstate commerce, potentially making such sales more economically attractive for tobacco product distributors.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Taxes (on 02/13/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1388&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1388&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
Loading...