Bill > HF1479

This bill modifies the pharmacy tax refund process in Minnesota by changing the refund mechanism from an annual to a quarterly system. Specifically, pharmacies can now claim refunds for legend drugs (prescription medications) delivered outside of Minnesota on a quarterly basis, rather than annually. The bill establishes a detailed quarterly filing schedule where pharmacies can submit refund claims based on specific time periods: January-March claims can be filed after July 1, April-June claims after July 1, July-September claims after October 1, and October-December claims after January 1 of the following year. Pharmacies must apply for the refund within one year of the quarter in which the drugs were delivered, and interest on refunds will begin accruing 60 days after the claim is filed. The refund amount is calculated by multiplying the amount paid to wholesale drug distributors by the tax percentage specified in existing law. This change is designed to provide more frequent and flexible refund opportunities for pharmacies and will become effective for legend drugs delivered outside of Minnesota after December 31, 2025.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1479&ssn=0&y=2025