Bill Text: MN SF2301 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Chemical cellulose production facility construction sales tax exemption
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2012-03-08 - Referred to Taxes [SF2301 Detail]
Download: Minnesota-2011-SF2301-Introduced.html
1.2relating to taxes; sales and use; modifying construction exemptions;amending
1.3Minnesota Statutes 2010, section 297A.71, by adding a subdivision.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. Minnesota Statutes 2010, section 297A.71, is amended by adding a
1.6subdivision to read:
1.7 Subd. 43. Chemical cellulose production facility. Materials and supplies used or
1.8consumed in, and capital equipment incorporated into, the construction, improvement, or
1.9expansion of, a chemical cellulose production facility are exempt if:
1.10(1) the purpose of the construction, improvement, or expansion of the facility is the
1.11production of chemical cellulose;
1.12(2) the total capital investment needed for the facility is at least $150,000,000; and
1.13(3) for each year this subdivision is effective, the facility receives certification from
1.14the Department of Employment and Economic Development that the facility employs no
1.15fewer than 700 full-time equivalent workers in the state.
1.16EFFECTIVE DATE.This section is effective the day following final enactment
1.17and applies to sales and purchases made before July 1, 2013.
1.3Minnesota Statutes 2010, section 297A.71, by adding a subdivision.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. Minnesota Statutes 2010, section 297A.71, is amended by adding a
1.6subdivision to read:
1.7 Subd. 43. Chemical cellulose production facility. Materials and supplies used or
1.8consumed in, and capital equipment incorporated into, the construction, improvement, or
1.9expansion of, a chemical cellulose production facility are exempt if:
1.10(1) the purpose of the construction, improvement, or expansion of the facility is the
1.11production of chemical cellulose;
1.12(2) the total capital investment needed for the facility is at least $150,000,000; and
1.13(3) for each year this subdivision is effective, the facility receives certification from
1.14the Department of Employment and Economic Development that the facility employs no
1.15fewer than 700 full-time equivalent workers in the state.
1.16EFFECTIVE DATE.This section is effective the day following final enactment
1.17and applies to sales and purchases made before July 1, 2013.
