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MN HF331

MN HF331
Sales and use tax exemption provided for all school supplies.


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 taxes; sales and use; providing an exemption for all school supplies; amending Minnesota Statutes 2024, section 297A.67, by adding a subdivision.

AI Summary

This bill proposes to create a sales and use tax exemption for all school supplies in Minnesota, expanding the current tax code to provide relief for families purchasing educational materials. The bill defines "school supplies" broadly to include a wide range of items such as binders, calculators, notebooks, pencils, pens, rulers, scissors, and book bags priced at $60 or less, while explicitly excluding items like stationery, wrapping paper, and backpacks designed for hiking or camping. The definition aims to cover most items that students would typically need for educational purposes, making these items tax-free for consumers. The tax exemption will become effective for sales and purchases made after June 30, 2025, which means shoppers will be able to buy qualifying school supplies without paying sales tax starting in the summer before the 2025-2026 school year. By removing the sales tax on these items, the bill seeks to reduce the financial burden on families when purchasing necessary school materials, potentially making education-related expenses more affordable.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Introduction and first reading, referred to Taxes (on 02/13/2025)

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