SF1541

SF1541 (Legislative Session 94 (2025-2026))

Grain bins and related construction material, supplies and tractor tires sales and use tax exemption

Related bill: HF978

AI Generated Summary

Senate File No. 1541 is a bill introduced in Minnesota that proposes tax exemptions specifically for certain agricultural items. This includes grain bins, associated construction materials and supplies, and tractor tires. The bill aims to amend existing tax statutes to clearly define what constitutes farm machinery and what is exempt from sales and use tax under the agricultural production category. The types of equipment covered under the exemption are primarily those used directly in agricultural production, such as machinery for soil preparation, seeding, and cultivation, along with certain irrigation equipment. The exemption does not apply to repair/replacement parts, tools, fencing materials, certain vehicles, or equipment used in non-agricultural activities like lawn care or raising non-livestock animals.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
February 16, 2025	Senate	Floor	Action	Introduction and first reading
February 16, 2025	Senate	Floor	Action	Referred to	Taxes
March 16, 2025	Senate	Floor	Action	Author added

Citations

[
  {
    "analysis": {
      "added": [
        "Clarification that farm machinery includes items used directly in agricultural production."
      ],
      "removed": [
        "Excludes repair parts, tools, and several types of vehicles from being classified as farm machinery."
      ],
      "summary": "This bill amends the definition of 'farm machinery' under section 297A.61 for sales tax purposes.",
      "modified": [
        "Revises descriptions to ensure new or used machinery equipment for soil cultivation and grain drying are included."
      ]
    },
    "citation": "297A.61"
  },
  {
    "analysis": {
      "added": [
        "Inclusion of grain bins and construction materials as part of the tax exempt items."
      ],
      "removed": [],
      "summary": "This bill provides a tax exemption for certain agricultural equipment and supplies under section 297A.69.",
      "modified": [
        "Adjusts the list of exempt items to include more specific agricultural equipment."
      ]
    },
    "citation": "297A.69"
  }
]