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MN HF1203

MN HF1203
Sales and use tax exemption for firearm storage units modified, and exemption provided for firearm safety devices.


summary

Introduced
02/19/2025
In Committee
02/19/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to taxation; sales and use; modifying the exemption for firearm storage units; providing an exemption for firearm safety devices; amending Minnesota Statutes 2024, section 297A.67, subdivision 40.

AI Summary

This bill modifies Minnesota's sales and use tax exemption for firearm-related safety products by expanding the existing exemption to include both secure firearm storage units and new firearm safety devices. Specifically, the bill defines "firearm safety devices" as mechanisms that either prevent a firearm from being operated without first deactivating the device or prevent operation by unauthorized individuals. The bill maintains the existing requirement that sellers of these items cannot collect or transmit personal data about purchasers. Additionally, if any government entity requires information about such purchases, the data must be treated as private or nonpublic. The bill clarifies that a firearm sold with a safety device already installed is still considered a firearm sale, not a safety device sale. An important nuance is that "firearm" is defined using the existing definition in Minnesota's hunting regulations. The tax exemption will become effective for sales and purchases made after June 30, 2025, giving businesses time to adjust to the new regulations. The primary intent appears to be supporting responsible firearm ownership by making safety devices and storage units more affordable through a sales tax exemption.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Author added Tabke (on 02/27/2025)

bill text


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