Purpose of the Bill

The purpose of the bill is to amend Minnesota's tax code to provide a tax exemption for admissions to specific golf events. It focuses on relieving the sales and use tax for these events, potentially encouraging increased attendance and tourism.

Main Provisions

• Tax Exemption Introduction: The bill provides a sales and use tax exemption for tickets to championship golf tournaments.
• Events Covered: It specifically targets golf tournaments and events sponsored by the Professional Golfers Association (PGA) of America. This includes any related events that are part of the PGA offerings.
• Exemption Addition: This measure is added as a new subdivision to the existing Minnesota Statutes section 297A.68, which covers various sales tax exemptions.

Significant Changes to Existing Law

• Currently, admissions to various events, including potentially sports tournaments, may be subject to Minnesota's sales and use taxes. This bill proposes a specific exemption for world championship golf tournaments and their related events organized by the PGA, which was not previously specified.

Relevant Terms

sales tax, use tax, tax exemption, admission exemption, golf tournaments, PGA, Professional Golfers Association, championship events, Minnesota tax code