Bill > HF3044

This bill modifies the sales and use tax remittance requirements for professional sports teams by establishing a new timeline for tax payments related to admission to professional athletic events. Specifically, qualifying retailers (defined as professional sports teams from major leagues like MLB, MLS, NBA, WNBA, NFL, NHL, and PWHL) will now be required to pay taxes on admission sales by the 20th day of the month following the month in which the professional athletic event occurred, which differs from previous standard tax remittance schedules. The bill is retroactively effective for sales and purchases made after December 31, 2014, and it also voids any interest and penalties that may have been imposed on these sales during the period between January 1, 2015, and the bill's final enactment. This change appears to provide a more flexible tax payment timeline specifically tailored to professional sports organizations, potentially easing their administrative tax burden.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF3044&ssn=0&y=2025