Bill > SF1977

This bill creates a specific and temporary sales tax exemption for credit card transaction fees for a very narrowly defined business: a brewery located in a county with a population between 36,000 and 37,000 according to the 2020 federal census, which also holds a retail on-sale license. Specifically, for this business, credit card transaction fees charged to customers for sales tax liability between June 30, 2020, and January 1, 2024, will not be considered part of the "sales price" for tax purposes. Businesses that have already paid sales and use taxes on these transaction fees can apply for a refund after June 30, 2025, by submitting an application to the commissioner of revenue. The bill appropriates the necessary funds from the general fund to cover these potential refunds. The exemption is retroactively applied to sales and purchases made during the specified timeframe, suggesting it is designed to provide relief for a specific local business that was impacted by sales tax charges on credit card transaction fees during this period.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1977&ssn=0&y=2025