This legislative bill introduces a tax on companies that manufacture or sell products containing PFAS (perfluoroalkyl and polyfluoroalkyl substances) in Minnesota. It defines relevant terms like ‘gross revenues’, ‘manufacturer’, and ‘retailer’, establishing who the tax applies to and how it's calculated. The bill mandates that manufacturers and retailers with sufficient operations in Minnesota (nexus) must pay a tax equal to 50% of their gross revenues from products containing PFAS. Furthermore, it outlines specific administrative and reporting requirements for these businesses, and sets guidelines for tax payments, penalties, and credits for taxes paid in other jurisdictions. All revenues collected from this tax will be deposited into the state’s general fund.