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Bill > SF1274


MN SF1274

MN SF1274
Metropolitan region sales and use tax repealer


summary

Introduced
02/13/2025
In Committee
02/13/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to taxation; sales and use; repealing the metropolitan region sales and use tax; repealing Minnesota Statutes 2024, section 297A.9925.

AI Summary

This bill repeals the metropolitan region sales and use tax that was previously imposed by the Metropolitan Council in the metropolitan counties of Minnesota. Currently, this tax was set at a rate of 0.25 percent on retail sales made within or to destinations in metropolitan counties. The tax revenue was previously distributed as follows: 25% to the state rent assistance account, 25% to the metropolitan city aid account, and 50% to the metropolitan county aid account in the housing assistance fund. By repealing section 297A.9925, the bill effectively eliminates this additional sales tax, with the repeal becoming effective on July 1, 2025. This means that after this date, the 0.25% metropolitan sales tax will no longer be collected, potentially reducing the overall sales tax rate for consumers in the metropolitan area and changing the funding mechanism for housing and rent assistance programs.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Referred to Taxes (on 02/13/2025)

bill text


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